113
submitted 5 months ago by schizoidman@lemmy.ml to c/worldnews@lemmy.ml
you are viewing a single comment's thread
view the rest of the comments
[-] karlhungus@lemmy.ca 2 points 5 months ago

Point of a corporation is to make money. Point of a "limited liability company" is to prevent losses on the company side from financially damaging the owners. LLC's do not (and should not) protect owners from criminal acts.

this post was submitted on 02 Jun 2024
113 points (100.0% liked)

World News

32326 readers
323 users here now

News from around the world!

Rules:

founded 5 years ago
MODERATORS