liable for the company's debts
41Sole proprietorship — A sole proprietorship, or simply proprietorship (Benjamen Clark.: sole trader) is a type of business entity which legally has no separate existence from its owner. Hence, the limitations of liability enjoyed by a corporation and limited liability …
42Incorporation (business) — Incorporation (abbreviated Inc. in U.S. and Canadian business names) is the forming of a new corporation (a corporation being a legal entity that is effectively recognised as a person, albeit a fictitious one, under the law). The corporation may… …
43Kommanditgesellschaft — A Kommanditgesellschaft is the German name for a limited partnership and is used in German, Austrian and some other European legal systems.Partnerships may be formed in the legal forms of General Partnership (Offene Handelsgesellschaft, OHG) or… …
44UNJUST ENRICHMENT — The Concept The law of obligations deals with obligations arising from both contract and tort, i.e., those undertaken by the party or parties concerned of their own free will and those imposed by law on a person – against his will – in… …
45Business — For other uses, see Business (disambiguation). Firm redirects here. For other uses, see The Firm …
46Charitable Corporation — The Charitable Corporation was an institution in Britain intended to provide loans at low interest to the deserving poor, including by large scale pawnbroking. It was established by charter in 1707. Its full title was Charitable Corporation for… …
47Marriage — For other uses, see Marriage (disambiguation). Married and Matrimony redirect here. For other uses, see Married (disambiguation) and Matrimony (disambiguation) …
48Stock — For capital stock in the sense of the fixed input of a production function, see Physical capital. For other uses, see Stock (disambiguation). Financial markets Public market Exchange Securities …
49Limited liability — is a concept whereby a person s financial liability is limited to a fixed sum, most commonly the value of a person s investment in a company or partnership with limited liability. A shareholder in a limited company is not personally liable for… …
50Business ownership within England and Wales — There are many ways in which a business may be owned under the legal system of England and Wales.Different types of ownership are suitable for organisations depending on the degree of control the owners wish to have over the business. The choice… …
