

What else could affect Limited Liability?
Companies must not only be properly formed, but properly capitalized and properly run to maintain limited liability. Most companies I...


What does it mean to be Properly Formed?
A company that is properly formed will have limited liability. An LLC is properly formed when its articles are accepted by the NC...


What is Limited Liability?
Catherine was a great baker. She sent all kinds of treats into school with her kids and to her spouse’s office. Her friends convinced her...