What does it mean to be Properly Formed?
A company that is properly formed will have limited liability. An LLC is properly formed when its articles are accepted by the NC...
What is Limited Liability?
Catherine was a great baker. She sent all kinds of treats into school with her kids and to her spouse’s office. Her friends convinced her...
Terminology for Corporations and LLCs
Most people know about shareholders, directors and officers: the functions in a corporation. Shareholders are the owners; directors make...
