14 ms·
That's the purpose of a corporation. You encapsulate the risk and enterprise inside the legal structure. If the corp goes under, then only the assets of the c
by Fjolsvith 9y ago
That's the purpose of a corporation. You encapsulate the risk and enterprise inside the legal structure. If the corp goes under, then only the assets of the corp are hit. Your personal property isn't affected, other than perhaps your shareholdings in that corporation become worthless.