I need to know this exact Q for an economics exercise too
One of the main benefits is that if company fails, then the owners (shareholders) don't have to pay the company's debts. Only the investment (in the form of shares) that has been put into the business can be used to pay off the debts. It's also alot easier to raise capital than in a sole tradership or a partnership, as people can invest in the form of shares.
Has no benefit to the individual Has no benefit to the individual
A shareholder can be an employee of a company; although is isn't necessary to be an employee to be a shareholder. Company Board members can vote to designate a certain number of shares to employees as a bonus or company benefit. Or, an employee can purchase shares independently.
How does peace and friendship the society benefit the individual?
The main benefit of a Limited liability company is that the owners of the LLC, called "members," are protected from some or all liability for acts and debts of the LLC depending on state shield laws. You would start the process by contacting an attorney.
If a company defaults on its retirement benefit obligations to its members or their dependents, the PBGC assumes liability.
Government Social Security benefit can help an individual if they are to become disabled. To qualify for this benefit you would first have to meet medical criteria and qualify for this benefit.
phone bill is liability for business as it is payable in future and not an asset as the benefit of it has already taken by business.
Usually people do not benefit from having a pre-existing condition. Insurance companies use this to deny benefits to those applying. Not sure how this would be good.
it doesnt :)
Discrimination does not benefit any individual in any way. There are many types of discrimination against race, disabilities, and sexual orientation.
You ask them.