An LLC is a hybrid legal entity having certain characteristics of both a corporation and a partnership or sole proprietorship (depending on how many owners ...
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What is limited liability for a company?
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What does Ltd company mean?
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 ...
A limited liability partnership (LLP) is a partnership in which some or all partners (depending on the jurisdiction) have limited liabilities.
In a limited company, the liability of members or subscribers of the company is limited to what they have invested or guaranteed to the company.