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What is my liability in an LLC with no capital at risk?

Updated: 8/18/2019
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Q: What is my liability in an LLC with no capital at risk?
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Related questions

Is LLC capital or lowercase?

It's generally capitalized. It stands for "Limited Liability Corporation".


What is the meaning of the term LLC capital?

LLC stands for Limited Liability Company & it is flexible form of enterprise that blends elements of partnership and corporate structures. An LLC is not a corporation it is a legal form of company that provides limited liability to its owners.


What does llc stand for?

LLC = Limited Liability Company It is sometimes mistakenly referred to as a Limited Liability Corporation. However, an LLC can file taxes as either a Discarded Entity, a Corporation or a Partnership.


What is meant by LLC?

LLC: Limited Liability Company It is a type of company in which the owners bear only a limited liability.


Is exxonMobil a limited liability corporation?

Not exactly, ExxonMobile is a Limited Liability Company (LLC). An LLC is a company not a corporation.


Why capital is treated as a liability?

capital is an amount invested by the proprietor, according to separate entity concept owner is different from the company so, capital is treated as liability.


Full form of llc?

The fullform of LLC isLimited Liability Company


Can an llc escape a lawsuit by selling the llc?

No. See related question link that explains the liability of an LLC.


What type of business has limited liability?

An LLC (Limited Liability Corporation).


What does the LLC stand for in Indiana LLC?

The LLC in Indiana LLC stands for "Limited Liability Company". LLC companies blend corporate structure with partnership qualities.


How do you write out limited liability company in a title?

The limited liability company should be written in a title as LLC. The owners of an LLC are called â??members.â?? An LLC may have one or more members.


What does LLC denote?

Limited Liability Company