2 ms·
Comparing a PtLd to a "personal business" the PtLd shields the owners from criminal liability for crimes committed by the PtLd, while the "personal biz" provide
by cies 7y ago
Comparing a PtLd to a "personal business" the PtLd shields the owners from criminal liability for crimes committed by the PtLd, while the "personal biz" provides no such protection.
> Limited liability only protects the capital of the shareholders,
No, it also protects shareholders from crimes the PtLd commits in order to "serve them". This is a main problem with PtLds imho.