Limited Liability

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

• It is a kind of Business Charter.

Description (Specifications)

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)

No information yet available.

References & Contributors (Sources)

This article is missing content for one or more detailed sections. Additional details are required to complete the article. You can help the Traveller Wiki by expanding it.

This list of sources was used by the Traveller Wiki Editorial Team and individual contributors to compose this article. Copyrighted material is used under license from Far Future Enterprises or by permission of the author. The page history lists all of the contributions.

• Traveller Wiki Editorial Team
• Author & Contributor: Lord (Marquis) and Master of Sophontology Maksim-Smelchak of the Ministry of Science