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unlimited liability造句
1. If this is not sufficient the unlimited liability of the members is joint and several. 2. A seller who accepted an unlimited liability for economic loss on many of his transactions would soon go out of business. 3. A solely - owned enterprise or unlimited liability company. 4. Yet they have unlimited liability and are responsible for all their business debts. 5. The main disadvantages is the unlimited liability of each partner. 6. Thus, the concept of unlimited liability and mutual agency apply only to the general partners of a limited partnership . 7. General partners may have unlimited liability. Limited partners enjoy limited liability. 8. In addition, the general partners retain unlimited liability for the debts and obligations of the partnership. 9. A partnership may have unlimited liability as well as limited liability. 10. Mr Mitchell's own state of Maine is one of 18 that impose unlimited liability. 11. The new companies would also differ from co-operatives in that they would operate with unlimited liability. 12. Partnerships are a legal stipulation for law firms, and, with unlimited liability, a burden for many. 13. BP insider says that what has spooked investors is the prospect of unlimited liability. 14. When all shareholders of limited liability withdraw as aforesaid, two or more shareholders of unlimited liability may, with unanimous agreement, reincorporate the company into an unlimited company. 15. The main disadvantage of this trading structure, however , is the unlimited liability of the sole trader. 16. Offsetting these advantages of a partnership are such serious disadvantages as limited life, unlimited liability, and mutual agency. 17. The Chinese nuclear family with an only child is like a company of unlimited liability, because the parents bear unlimited responsibility for their child's future.