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Phrases with «liability company»

A liability company is a type of business entity that protects the owners from being personally responsible for the company's debts or legal liabilities. It allows individuals to have limited liability, meaning their personal assets are separate from the company's finances. Full definition

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Sentences with «liability company»

  • Our attorneys have successfully represented members of limited liability companies in legal actions against other members of the company who have used their position to the financial detriment of the company. (akivagoldman.com)
  • The proposed solution to these issues is the utilization of limited liability companies as a holding vehicles. (investingarchitect.com)
  • Limited - liability companies share some of the advantages of both corporations and partnerships without the disadvantages of these two traditional forms of business. (inc.com)
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