| 词汇 | unlimited-liability |
| 释义 | unlimited liability noun[ U ] LAW, FINANCEukus a situation in which the shareholders of a company are responsible for all of its debts if the company fails financially: unlimited liability for sthPartners have unlimited liability for the firm's debts. Compare limited liability Examples of unlimited liabilityunlimited liability Individual members of the profession of arms are distinguished from those of other professions by the unlimitedliability they assume in their oaths of office. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. By contrast, sole proprietors and partners in general partnerships are each liable for all the debts of the business (unlimitedliability). From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Under corporate law, corporations of all sizes have separate legal personality, with limited or unlimitedliability for its shareholders. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. In a partnership, there can be both limited and unlimitedliability partners. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. The major disadvantage of partnership is the unlimitedliability of partners for the debts and liabilities of the firm. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. In the modern era, most enterprises were partnerships in the form of general partnerships levying unlimitedliability on the partners. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. The company is owned by two types of entities; the "komplementar", who holds unlimitedliability, and one or more "komandittist" who hold limited liability. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. At this time, the unlimitedliability of the management put the managers' personal fortune at risk in case of rumors and scandals. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Shares were traded, and dividend paid, and the shareholders often contributed unpaid work to keep the business as well as having unlimitedliability for the companies debts. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. The liability of an investor (known as a name) is unlimited - names share the profits but are also exposed to unlimitedliability in the event of losses. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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