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 What happens to a stockholders shares if the company they own shares in gets bought out?
With talks or microsoft possibly trying to purchase yahoo, what would happen to all of the people who own shares in yahoo? do they get microsoft shares or do they lose all their money?...


 Since the congress voted against raising the minimum wage why don't they put a maximum wage on CEO salaries
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 How safe is HSBC Bank in this financial crisis?
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 What can/should my sister do?
OMG! Im chief bridesmaid for my sister, she is getting married next July. We heard on the news yesterday, that the hotel chain Swallow, has gone into Administration. She was having her wedding ...


 Why has the price of milk skyrocketed?
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 How to give my boss my resignation letter??? HELP QUICK?
I don't know how to hand it to them. I am quitting b/c I recently had a car wreck and had to miss alot and they have treated me like crap since I came back and give me heck when I have dr's ...


 I was fried for asking my boss not to curse at me?
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 Who is the personnel manager at citibank?
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 How will Asda deliver my grocery shop bags or boxes?
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 I have Received an E mail from a Carrier company, as given bellow, how could I believe it?
From: "FASTWAY COURIER DELIVERY COMPANY" <info@fastway-courierdispatch.company.or... Add Mobile Alert
To: x x x
Subject: INDICATE YOUR DELIVERY OPTION{PARCEL/NUMBER/5275} <...


 Why do some people hate Wal-Mart?
Honestly, I don't understand why we have people that hate Wal-Mart. It is the best store ever. I mean they have everything. We shop there like all the time, (more then Costco). The only thing I ...


 Walmart returns without receipt on opened item?
I was given a remote car starter as a gift and it said on the package "easy to install" well it's not and I want to return it. All the pieces are still new and I didn't attempt ...


 Ebay???????
I was being stupid,, I'm 12... and I didn't think that i would win things,,, but I bought a crap load of stuff and won,, and i didn't put any way of payment on the info,, what is going ...


 What are some of the biggest American businesses? What are some of the World's biggest businesses?
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 Name some American made jean companies besides Pointer,Diamond cut,Diamond gusset,Prisson blues,Buddy jeans.?

Additional Details
American made jeans please. I know levi's,lee,wrangler are not american made. Carhart does have a few jeans that are still made in the USA. I was hoping for ...


 Top 10 IT companies worldwide ?
hey guyz...
can u please tell me the top 10 companies of IT sector worldwise...
give the link please....
i want the rankings of INformation Technology companies worlrwide?...


 Is the ebay seller serious?
if someone is selling an item on ebay for one cent and it says that shipping is free are they serious?...


 Have you ever been approached about Amway/Quixtar?
Has anyone ever approached you at a gas station, or Barnes and Noble? Or, maybe an aquaintenance from long ago all of a sudden calls you and wants to know how you are doing...etc.
I know a lot ...


 How many billion dollars does Bill Gates have?
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 What synergy has improved your office environment?
Stress at work is a common problem. Poor Mgmt style or uninspired workers can result in disullusionment and low work energy. I work in a UK technical team, and in spite of our loyalty and hard work ...



nestor
Does having oneself incorporated protect you from civil suits?
                     
 




rollo_tomassi423
You cannot do anything to stop people from suing you. The issue is only whether you might be able to dismiss the suit on the ground that the claim only lies against your corporation. To succeed on that ground you have to show that you properly formed your corporation, adequately capitalized it, observed the corporate rules, and separated yourself from your corporation. You also would have to show that the person suing you was in fact only dealing with the corporation, and has no valid claim against you personally. But if you succeed in all that, then yes, forming a corporation will help in keeping your personal assets safe from creditors, and will only allow them to reach corporate assets.


quelisto
If your name is Hally Burton it certainly does.


theMeganEffect
NOTHING protects you from civil suits.

Got to love the American Justice System.


jim_elkins
Rating
Being incorporated does not protect you from a civil suit.

Here is a more accurate idea of "piercing the corporate veil"

The corporate law concept of piercing (lifting) the corporate veil describes a legal decision where a shareholder of a corporation is held personally liable for the debts of the corporation despite the general principle that those persons are immune from suits in contract or tort that otherwise would only hold the corporation liable. This doctrine is also known as "disregarding the corporate entity".


cinsingl83
Rating
It protects your personal assets in a civil judgment. A corporation is a separate entity from you personally so if you were to be sued, they could only pursue corporate assets. You have to be careful because the courts have been known to "pierce the corporate veil" if it looks like an individual has incorporated simply to protect personal assets from civil judgment. You cant just become incorporated and not act like a corporation and expect the court to protect you.


The Bird
You can't incorporate yourself. You can start a corporation and you won't be personally liable for its debts, but nobody is going to lend money to your corporation unless you do something like put your house up as collateral.


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