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Limited Liability Company in El blog de LegalEnglishUpdate

28/04/2015

What is the difference between a partnership, a corporation and an LLC for the purposes of asset protection?

For those students of LEGAL ENGLISH, I suggest you firstly go through unit 2 of the book INTERNATIONAL LEGAL ENGLISH. You should have a clear notion of the different business organization types.  Then, click on the definition of revocable and irrevocabler trust: http://www.answers.com/topic/revocable-trust

Finally, watch this video and analyse how each business type leads to...

22/04/2014

WHAT IS AN LLC? (LIMITED LIABILITY COMPANY)

Hi there,

Those who have started with their INTERNATIONAL LEGAL ENGLISH COURSE are currently going through the different business organizations. Here's a worthy contribution from GALE ENCYCLOPEDIA.

The Limited Liability Company (LLC), a hybrid of the partnership and the corporation, has become a popular legal alternative for business owners. Now available in almost all...