Libra and Limited liability: Difference between pages
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(Difference between pages)
imported>Doug Williamson (Create page. Sources: ACT https://www.treasurers.org/hub/treasurer-magazine/why-treasurers-should-pay-attention-to-libra, Libra Association https://libra.org/en-US/association/ and Oxford Dictionary https://www.lexico.com/en/definition/libra) |
imported>Doug Williamson m (Spacing 22/8/13) |
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The restriction of an investor's potential losses to the amount invested. | |||
Limited liability is one of the important advantages of incorporation. | |||
Less commonly in the commercial context, a company member's liability may alternatively be limited to an amount guaranteed by the member. | |||
== See also == | |||
* [[Company]] | |||
* [[Joint and several liability]] | |||
* [[Legal personality]] | |||
* [[Limited company]] | |||
[[Category:Investment_Appraisal]] | |||
[[Category:Regulation_and_Law]] | |||
[[Category: | |||
[[Category: | |||
Revision as of 11:22, 22 August 2013
The restriction of an investor's potential losses to the amount invested.
Limited liability is one of the important advantages of incorporation.
Less commonly in the commercial context, a company member's liability may alternatively be limited to an amount guaranteed by the member.
