You are fully liable because you should have a fence on your side, too, if your dog is so aggressive it would kill another dog. You should probably be in jail, actually, and prohibited from owning dogs. you should have the dog on a leash.
Yes owners capital is liability for businss towards its owners to be return back at the even of liquidation of business.
Property owners Liability is the financial , legal liability attaches to property owners due to their property, where as tenants libility vice versa
asset liability
Owners equity is the amount invested by the owner of business to the company and as a seperate entity it is the liability of the business to return back that amount to owners as owners are seperate entity to business.
Neighbors envy, owners pride
Investors are those persons who invests money in business so they are the owners of business as well and that amount is the liability of business to pay back to it's owners that's why it is the liability and not the asset.
asset
Asset.
The liability of owners is limited to the extent of their contribution is Limited companies whereas in other forms of business the liability of owners is unlimited.
Assets- Liabilities = Owners Equity :)
neither
LLC: Limited Liability Company It is a type of company in which the owners bear only a limited liability.