1. Nature of shares in a limited liability company
... was writing at a time when the notion of a limited liability company had already taken off. He said that limited liability "fu una vera grande revoluzione." He also said that apart from the notion of bills of exchange, this was a great invention. Murray Butler, in 1911, referred to limited liability ... as the greatest single discovery of the 19th Century. Its importance was even greater then steal and electricity. Elliot, ... again, referred to limited liability as the single and greatest invention of all times. Why is limited ... successful. Rights and obligations. When dealing with s...
- Word Count: 2001
- Approx Pages: 8
- Grade Level: High School