Sentence examples for limited liability allowed from inspiring English sources

Limited liability allowed Elizabethan adventurers to finance voyages to spice islands; it allows Silicon Valley technologists now to make similarly risky bets.But limited liability is a concession something granted by society because it has a clear purpose.

Duer lost everything when the speculation collapsed: He was not protected by corporate law that today limits liability, allowing modern speculators to stash gains away where the people they fleece can not get them.

Later amendments to the law reduced by 90 percent the amount that those with business before the city were allowed to contribute to a candidate; excluded their contributions from matching public money; and expanded the prohibition on corporate contributions to include partnerships, limited liability corporations and limited liability partnerships.

Corporations provide limited liability.

If limiting liability is a concern for you, then your attorney may recommend that you form a limited liability company instead, or a limited liability partnership (if your state offers that as an option).

Of the two new lending facilities the Fed is granting AIG, the first allows the New York Fed to lend up to $22.5 billion to a newly limited liability company that is being established to buy mortgage-backed securities from AIG.

For-profit corporations are bundles of assets with built-in liability protection ("limited liability") for owners.

(For instance, they featured limited liability for passive investors).

Andersen in America is a limited liability partnership.

Partnerships can now offer limited liability and issue tradable shares.

Chartered companies offered limited liability but were controlled by governments.