conventional (C) corporation.
a state chartered legal entity with authority to act and have liability separate from its owners
conventional (C) corporation.
No public liability company its ok
Because they are a separate legal entity from the owner
i dont im loooking for it
Capital (or equity) is considered a liability because capital (equity) represents an obligation owed to shareholders by the company. While the shareholders are not able to "call" their liability (like debtholders are), the obligation exists regardless.
Yes, but only if the entity has the legal right to settle on a net basis and they are levied by the same taxing authority on the same entity or different entities that intend to realise the asset and settle the liability at the same time.
federal reserve
A partnership has limited liability.
Yes, if you do business within an entity separate and apart from you as an individual. If you are a sole proprietor or a single member limited liability company, then no.
Business Entity Concept
what is a separate legal entity for a corporation?