That is not true. Shareholders can lose everything if the stock thanks.
That is not true. Shareholders can lose everything if the stock thanks.
Lack of liability means you can't lose more than the value of your shares. You can't be liable for damages done by the company.
Lack of liability means you can't lose more than the value of your shares. You can't be liable for damages done by the company.
That exists outside of the stockmarket though. Corporations and LLCs are protected from liability.
That exists outside of the stockmarket though. Corporations and LLCs are protected from liability.
Corporations and LLCs are protected from liability.
LLC (limited liability companies) where the owners are
not personally liable for any debts incurred by (the) LLC -- or most business-related lawsuits.
There are still liabilities with LLCs. Corporations have much more liabilities.
>Corporations and LLCs are protected from liability.
LLC (limited liability companies) where the *owners* are
>not personally liable for any debts incurred by (the) LLC -- or most business-related lawsuits.
There are still liabilities with LLCs. Corporations have much more liabilities.
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