In Brazil and Portugal, designation for a private limited liability corporation with limited liability to shareholders.
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A maximum period set by statute within which a legal action can be brought or a right enforced. A statute may prohibit, for example, any individual or legal entity from bringing an action for breach of contract more than one…
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In United Kingdom, United States and other countries, designation for a private limited liability corporation with limited liability to shareholders.
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A situation whereby the liability of a party within the company is limited to some extent. There are many forms of limited liability companies. For instance, corporations normally limit share holder liability to the amount invested in a business, while…
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A partnership in which at least one partner has general liability and at least one of the other partners has limited liability.
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