Besloten Venootschaap

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A Besloten Venootschaap or BV is an old Terran form of corporation, and still recognized within the Solomani Sphere.

Description (Specifications)[edit]

Besloten Venootschaap (limited liability company). A limited liability 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]

The suffix originated in the northern European region of Terra.

References & Contributors (Sources)[edit]

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