What are the advantages of forming limited liability company


Assignment

Using the information you have gained from this readings and from your independent research, select one of the questions below to serve as your discussion post.

Select one of the following questions:

1. What are the advantages and disadvantages of forming a limited liability company?

2. Should a member of a limited liability company be liable for obligations that arise after the member has left the company?

3. How can a corporation be properly punished if it commits a tort or a crime?

4. Are the steps required to incorporate too easy or too difficult?

5. Should shareholders ever be held personally liable for the wrongdoing of the corporations in which they hold shares?

6. Should members of the board of directors ever be held personally liable for the wrongdoing of the corporations in which serve?

Format your assignment according to the following formatting requirements:

1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.

2. The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.

3. Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.

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Business Law and Ethics: What are the advantages of forming limited liability company
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