not unless the employee was on company time or buisiness if the employee was on their own time the corporation is not resposable
No personal property of an indivual officer of a corporation may be seized to pay a corporate debt. This is so even if that individual is the person responsible for the claim against the corporation. As long as the judgment is against the corporation, only corporate assests may be seized. Sometimes plaintiffs in actions against corporations try to get judgments against the individual officers or shareholders as well as the corporation itself by means of a legal theory called "piercing the corporate veil". This is usually not successful. But even if the plaintiff were successful and got a judgment against the corporation and the individual, the individual's property would not be subject to seizure because of the judgment against the corporation. His/her property would be subject to seizure because there would be a judgment against him/her personally. This is the whole purpose of the corporate structure to begin with, that is, the ability to run a business without fear of personal liablity.
Your friend is responsible, because you trusted him to keep it safe for you, and he let you down.
Generally, no. The owner of the property, or the lessee in some cases, would be the responsible party if someone was to sue. They could reprimand the employee.Generally, no. The owner of the property, or the lessee in some cases, would be the responsible party if someone was to sue. They could reprimand the employee.Generally, no. The owner of the property, or the lessee in some cases, would be the responsible party if someone was to sue. They could reprimand the employee.Generally, no. The owner of the property, or the lessee in some cases, would be the responsible party if someone was to sue. They could reprimand the employee.
Unfortunately, landlords are not responsible for any one's personal property, unless you can prove negligence on the landlord sparked, which would have contributed to the damage to the property this is something that would be argued in court your best bet is to get renters insurance
In the United States housing co-ops can be set up in various ways. Some co-ops are managed by a trust with the trust holding title to the property and some co-ops are set up as a corporation with the corporation holding title to the property. Residents are shareholders and specific units are leased with cost based on the size of the unit. As shareholders the shares are considered personal property.As for the entity that owns the building and the real estate upon which it stands, such as a trust or corporation, the property on which the coop is located is real property.
The population of Municipal Property Assessment Corporation is 1,500.
In the event that there is personal or private property which has been damaged or destroyed, the courts can help. The person with the damaged property can file a lawsuit against the person who is responsible for the damage. If the court finds in favor of the person who has filed the lawsuit, it will enter a judgment against the person who damaged the property, which will make them legally responsible for paying for the damage.
No, the auctioneer would not be legally responsible if someone got hurt at an auction. The auctioneer is only an employee.
The landlord is generally only responsible for the building, not the belongings inside. That's what renter's insurance is for.
"An LLC Corporation is often used by small business owners to protect them from monetary liability. When you set up an LLC Corp. your personal property, i.e., house, car and other personal assets are off limits from being included in a lawsuit against your business."
You are responsible for the portion on your property and the other guy is responsible for the portion on their property.
The symbol for Infinity Property and Casualty Corporation in NASDAQ is: IPCC.