3 ms·
The Ltd or LLC after many company names refer to the Limited Liability that those forms of companies confer, that protect individuals within them from personal
by anateus 8y ago
The Ltd or LLC after many company names refer to the Limited Liability that those forms of companies confer, that protect individuals within them from personal liability. Corporations were intentionally a lot like people even before Citizens United. There's also a concept called Piercing the Corporate Veil that is intended specifically for penetrating through these legal protections in certain cases.
- sneak 8y agoThat limited liability is a civil one. How would you even charge a corporation with a criminal act, eg murder? Corporations cannot act, regardless of their personhood. Piercing the corporate veil, again, is a civil issue.