Examlex
As a result of the Department of Justice's lawsuit against Microsoft:
Company's Assets
This encompasses all items of value owned by a company, including cash, real estate, equipment, and intellectual property, which are utilized in generating revenue.
Limited Liability
Freedom of stockholders from personal liability for the debts of the corporation.
Double Taxation
A taxation principle referring to income taxes that are paid twice on the same source of earned income, often seen in corporate dividends.
Limited Liability
A legal structure for a business where the owners' personal assets are protected from the company's debts and liabilities, limiting their risk to the amounts they have invested in the company.
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