Corporation – What Is It?

Written by Richard A. Chapo

Continued from page 1

Limited Liability Corporation

Ah,repparttar good stuff. The primary benefit of using a corporation isrepparttar 143737 limited liability advantage. Since it is considered a separate entity from shareholders, a corporation creates a barrier between corporate liabilities andrepparttar 143738 assets of shareholders. The only risk shareholders take isrepparttar 143739 loss of their investment inrepparttar 143740 corporation.

Assume I own a home worth $800,000 in San Diego and invest $10,000 in a new business. The business is incorporated in California and is going to dominaterepparttar 143741 VHS tape market. Alas, my fortune teller apparently had an off day when she told me to invest andrepparttar 143742 company goes bankrupt in six months. I will lose my $10,000 investment, but not my $800,000 home. Ifrepparttar 143743 business had been formed as a partnership, I would loserepparttar 143744 investment and some or all of my home depending onrepparttar 143745 business debts.

In Closing

Considering it was originated inrepparttar 143746 distant past,repparttar 143747 corporate entity is still remarkably relevant in modern times. Althoughrepparttar 143748 proliferation ofrepparttar 143749 limited liability company has taken some wind out ofrepparttar 143750 sails,repparttar 143751 corporation remains a staple ofrepparttar 143752 business environment.

Richard A. Chapo is with - This article is for information purposes only. Nothing in this article is intended to address the reader’s specific situation nor does it create an attorney-client relationship.

Why File a Social Security Claim?

Written by Maricon Williams

Continued from page 1

In order to make it sure, your social security attorney may advice you to filerepparttar claim in person atrepparttar 143601 Social Security office. If you cannot make it in person, you can also try informing Social Security through phone and set for a phone interview to filerepparttar 143602 social security claim. You can rely on your social security attorney for other concerns and legal concepts aboutrepparttar 143603 claim.

Your social security attorney may also advise you withrepparttar 143604 following factors that can do you good in order to carry-out an effective and beneficial claim:

1.Be honest and complete in giving information to Social Security. 2.Keep an expert and reputable social security attorney. 3.Never lose courage.

Nobody wants to be defeated in his goals and endeavors. This truth is also true with legal claims and litigations. The choice of your lawyer lies in your hands andrepparttar 143605 outcome of your claim may lie on his legal expertise. Hire a knowledgeable and skilled lawyer to bagrepparttar 143606 greatest gain you can have regarding your claim!

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