Organization and government regulation.

Many busi­ness­es are oper­at­ed through a sep­a­rate enti­ty such as a cor­po­ra­tion or a part­ner­ship (either formed with or with­out lim­it­ed lia­bil­i­ty). Most legal juris­dic­tions allow peo­ple to orga­nize such an enti­ty by fil­ing cer­tain char­ter doc­u­ments with the rel­e­vant Sec­re­tary of State or equiv­a­lent and com­ply­ing with cer­tain oth­er ongo­ing oblig­a­tions. The rela­tion­ships and legal rights of share­hold­ers, lim­it­ed part­ners, or mem­bers are gov­erned part­ly by the char­ter doc­u­ments and part­ly by the law of the juris­dic­tion where the enti­ty is orga­nized. Gen­er­al­ly speak­ing, share­hold­ers in a cor­po­ra­tion, lim­it­ed part­ners in a lim­it­ed part­ner­ship, and mem­bers in a lim­it­ed lia­bil­i­ty com­pa­ny are shield­ed from per­son­al lia­bil­i­ty for the debts and oblig­a­tions of the enti­ty, which is legal­ly treat­ed as a sep­a­rate “per­son”. This means that unless there is mis­con­duct, the own­er’s own pos­ses­sions are strong­ly pro­tect­ed in law if the busi­ness does not succeed.

Donec pul­v­inar in elit quis vene­natis. Aenean dolor diam, fer­men­tum nec orci a, molestie vulpu­tate nibh. Cur­abitur rhon­cus ornare nul­la, a dig­nis­sim dui tem­pus at. Sus­pendisse fringilla lobor­tis elit vel feu­giat. Sed et hen­drerit ante. Inte­ger iac­ulis biben­dum ullam­cor­p­er. Nul­la ac accum­san enim. Pel­len­tesque sit amet nunc id arcu pul­v­inar fer­men­tum vitae id augue. Mor­bi nisl tor­tor, sus­cip­it et orci at, iac­ulis tris­tique sapi­en. Prae­sent et iac­ulis nisl. Duis vehic­u­la ornare tor­tor. Cur­abitur ut libero ali­quet, sol­lic­i­tudin orci vel, lobor­tis jus­to. Inte­ger viver­ra augue sit amet pul­v­inar eleifend. Phasel­lus tem­por est eu mi fau­cibus por­ta. Donec sus­cip­it libero vitae mau­ris posuere, quis tin­cidunt nul­la rutrum. Eti­am eu diam eu mau­ris rutrum congue.

Vestibu­lum leo sapi­en, ali­quet ut plac­er­at ac, con­se­quat sed ris­us. Cur­abitur facil­i­sis condi­men­tum odio in con­va­l­lis. Vestibu­lum laoreet mas­sa ante, quis plac­er­at nunc com­mo­do id. Nul­lam non libero sed mas­sa pretium tem­pus eget in lec­tus. Class aptent tac­i­ti sociosqu ad lito­ra torquent per conu­bia nos­tra, per incep­tos hime­naeos. Mae­ce­nas fer­men­tum nisi ut quam facil­i­sis, ac viver­ra nul­la euis­mod. Inte­ger lobor­tis urna non nisi tem­pus, ut sol­lic­i­tudin urna tin­cidunt. Donec ali­quet orci erat, nec feu­giat magna ultri­ces rhon­cus. Aenean iac­ulis nisl purus, at tem­pus mau­ris adip­isc­ing tin­cidunt. Proin et dui eros. Phasel­lus vene­natis iac­ulis urna accum­san gravi­da. Quisque vel con­se­quat est. Quisque ac sapi­en tin­cidunt, vehic­u­la ris­us eu, rhon­cus nisl. Quisque con­va­l­lis fringilla augue vel ullam­cor­p­er. Duis ele­men­tum nisl lacus, a volut­pat mas­sa mol­lis vitae. Cras inter­dum posuere sapien.