Project 1 - Questions



Project 1 - Questions

Question 1:

 A limited liability company is a corporation where the liability is limited to the contributions, and which has the characteristics of a partnership (2-100 people), especially because the shares in the capital are not freely accessible without agreement of all or part of the members (Shenkman et al, 2003). The shares are not equivalent to the actions of corporations, because there are legal obstacles to its transmission. The management and administration of the company is entrusted to a corporate body. This governing body is made up of the General Board and administrators, who ...