Limited Liability

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Limited Liability or Ltd. is an old Terran form of corporation, and still broadly recognized across charted space.

Description (Specifications)[edit]

Limited Liability: A limited company is a separate legal entity from its owners: the organization shields them from personal liability. In the event a company gets into financial trouble or declares bankruptcy, its owners are not personally liable for the debt.

History & Background (Dossier)[edit]

No information yet available.

References & Contributors (Sources)[edit]

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This article was copied or excerpted from the following copyrighted sources and used under license from Far Future Enterprises or by permission of the author.