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submitted 2 years ago by schizoidman@lemmy.ml to c/worldnews@lemmy.ml
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[-] karlhungus@lemmy.ca 2 points 2 years ago

Point of a corporation is to make money. Point of a "limited liability company" is to prevent losses on the company side from financially damaging the owners. LLC's do not (and should not) protect owners from criminal acts.

this post was submitted on 02 Jun 2024
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