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Liability Insurance
How to identify a private limited liability company
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[QUOTE="Nightmare, post: 10341, member: 206"] Not every liability company is a private company. As a matter of fact, you have to be aware for the fact that private limited liability company gives the best form or type of insurance ever. So here are some few tips or features on know or identify a private limited liability company. 1. the number of owners ranges from 2 to 50. They own the business and pay the rates together and jointly. in other you can also see the shareholders tends to beer Risks together. 2.the business is a separate legal entity that is it is recognised as a personality in law and also it is a white these things from the owners in the eyes of the law for the business can Sue or be sued in its own name without involving the owners and also it is register as a company and cooperate body. 3.the shareholders have limited liability that is in the event of business failure the amount which a shareholder can lose his limited to be fully paid-up value of a share of the capital he has invested in a business full stop is personal assets are protected by the law And the Law is also responsible for the follow-up. [/QUOTE]
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How to identify a private limited liability company
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