Edward T. Kang, Kang Haggerty & Fetbroyt A Primer on Pennsylvania's Participation Theory
One of the primary benefits of organizing a business as a corporation (or similar entity) is limited liability protection.
June 24, 2021 at 12:03 PM
8 minute read
Civil Procedure
One of the primary benefits of organizing a business as a corporation (or similar entity) is limited liability protection. By establishing the corporation as a separate legal entity, its actions become distinct from the individuals running it. For the corporation's shareholders, this provides downside certainty; the maximum liability exposure they face (in general) is the value of their investment. Since the losses stemming from personal liability are theoretically infinite, investors relish the corporate form's ability to mitigate risk.
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