Sentence examples for has limited liability from inspiring English sources

And it has limited liability, so that all the shareholders don't have to worry about being sued as a result.

It has limited liability for corporate fraud and made it harder for workers to successfully sue for age and gender discrimination.

Legal details vary by jurisdiction, but a private corporation usually has limited liability.

As controls, we use a dummy that equals 1 if the firm has limited liability, the firm's age, the firm's size computed as the number of employees29 and industry dummies.

The partners have limited liability and limited investment discretion in the eventual investment.

But there are other partners, called limited partners, and they have to be passive investors, and they have limited liability.

Now, I mentioned that corporations have limited liability.

There's a general partner that runs the business and does not have limited liability.

Well, back then, Holland didn't go that far, but they did create one company that did have limited liability.

At present, nuclear plant operators have limited liability in the case of an accident - under international agreements, any claim over £700m falls on the taxpayer.

It used to be that some companies had in their charter an agreement with the government, that the stockholders had limited liability.