Limited liability
id:
limited-liability-186-16388516
title:
Limited liability
text:
Limited liability is a legal status in which a person's financial liability is limited to a fixed sum, most commonly the value of a person's investment in a corporation, company or joint venture. If a company that provides limited liability to its investors is sued, then the claimants are generally entitled to collect only against the assets of the company, not the assets of its shareholders or other investors. A shareholder in a corporation or limited liability company is not personally liable
brand slug:
wiki
category slug:
encyclopedia
description:
Business structure where shareholders cannot owe more than their stake in a venture
original url:
https://en.wikipedia.org/wiki/Limited_liability
date created:
2004-07-08T11:14:49Z
date modified:
2024-09-08T17:43:50Z
main entity:
{"identifier":"Q568338","url":"https://www.wikidata.org/entity/Q568338"}
image:
{"content_url":"https://upload.wikimedia.org/wikipedia/commons/5/5b/Society.svg","width":96,"height":38}
fields total:
13
integrity:
16