Examlex
The mathematical equation deduced by Johann Balmer and subsequently rewritten in another form by Johannes Rydberg gives us:
Limited Liability Company
An enterprise organization that fuses the limited liability benefit of corporations with the pass-through taxation system characteristic of sole proprietorships or partnerships.
Engages In Fraud
The act of deliberately deceiving another individual or entity to gain an unfair or unlawful advantage.
Limited Liability Company
Is a business structure that combines the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation.
Personally Liable
Being directly responsible for an obligation or debt, where one's personal assets can be used to satisfy the liability.
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