Results for tag: "Limited Liability"

Limited Liability is a legal concept that limits the liability of a company's owners or shareholders for the company's debts or other liabilities. This means that the owners or shareholders of a company are not personally liable for the company's debts or other liabilities, and their personal assets are not at risk. This type of legal protection is often used in the commercial law context, as it allows companies to operate without the risk of personal financial loss. The Limited Liability market is a large and diverse market, with a wide range of companies operating in different industries. These companies range from small, privately owned businesses to large, publicly traded corporations. Examples of companies in the Limited Liability market include Apple, Microsoft, Amazon, Walmart, and ExxonMobil. Show Less Read more