Examlex
The implication of the scientific premise represented by Occam's Razor is that in New York City in the 1990s
No-liability
A type of company structure where shareholders are not obliged to contribute additional equity to cover company debts in case of insolvency.
Limited by Guarantee
A form of incorporation used primarily by non-profit organizations where the liability of the members is limited to the amount they agree to contribute if the company is wound up.
Equity
The residual interest in the assets of an entity after deducting liabilities, representing ownership interest.
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