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Why corporation has limited liability?

Updated: 9/17/2019
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Q: Why corporation has limited liability?
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Related questions

Is Target Corporation a limited liability corporation?

No


What type of business has limited liability?

An LLC (Limited Liability Corporation).


Is exxonMobil a limited liability corporation?

Not exactly, ExxonMobile is a Limited Liability Company (LLC). An LLC is a company not a corporation.


What does PLLC stand for after an attorneys name?

PLLC is a combination of two business forms. The partnership and the LLC. PLLC stands for partnership limited liability corporation.


What is a ltd corporation a c corporation or s corporation?

LTD stands for Limited Liability. Either type of corporation would qualify in that the owners' liability is limited.


Examples of a corporation?

general corporation Close corporation Limited Liability Corporation


What litigation rules apply to a limited liability corporation in California?

California Limited Liability Company Act (“LLC Act”) apply to limited liability corporation. Visit www.corp.ca.gov for more details.


What type of corporation is Harpo Inc?

limited liability corporation


A business that enjoys limited liability is?

Corporation


Which of these is a major advantage of a corporation?

Limited liability is a major advantage of a corporation.


What is a WLL company and what does that stand for?

A "WLL" company is a type of limited-liability corporation, where WLL stands for "With Limited Liability." The rules for a WLL vary by country. In the US, the LLC ("Limited Liability Corporation") business type is similar.


Who can file as a limited liability corporation in California?

If you intend to "do business as" a name different from your corporation or LLC name, then you can file as a limited liability corporation in California. Read more at www.sos.ca.gov/business/be/faqs.htm -