- published: 19 Aug 2014
- views: 127788
LLC may refer to:
Limited liability is where a person's financial liability is limited to a fixed sum, most commonly the value of a person's investment in a company or partnership. If a company with limited liability is sued, then the plaintiffs are suing the company, not its owners or investors. A shareholder in a limited company is not personally liable for any of the debts of the company, other than for the value of their investment in that company. This usually takes the form of that person's dividends in the company being zero, since the company has no profits to allocate. The same is true for the members of a limited liability partnership and the limited partners in a limited partnership. By contrast, sole proprietors and partners in general partnerships are each liable for all the debts of the business (unlimited liability).
Although a shareholder's liability for the company's actions is limited, the shareholders may still be liable for their own acts. For example, the directors of small companies (who are frequently also shareholders) are often required to give personal guarantees of the company's debts to those lending to the company. They will then be liable for those debts in the event that the company cannot pay, although the other shareholders will not be so liable. This is known as co-signing.
The Law may refer to:
A limited liability company (LLC) is the United States-specific form of a private limited company. It is a business structure that combines the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation. An LLC is not a corporation; it is a legal form of a company that provides limited liability to its owners in many jurisdictions. LLCs do not need to be organized for profit. In certain U.S. states (for example, Texas), businesses that provide professional services requiring a state professional license, such as legal or medical services, may not be allowed to form an LLC but may be required to form a very similar entity called a professional limited liability company (PLLC).
A Limited Liability Company (LLC) is a hybrid business entity having certain characteristics of both a corporation and a partnership or sole proprietorship (depending on how many owners there are). An LLC, although a business entity, is a type of unincorporated association and is not a corporation. The primary characteristic an LLC shares with a corporation is limited liability, and the primary characteristic it shares with a partnership is the availability of pass-through income taxation. It is often more flexible than a corporation, and it is well-suited for companies with a single owner.
A board of directors is a body of elected or appointed members who jointly oversee the activities of a company or organization. Other names include board of governors, board of managers, board of regents, board of trustees, and board of visitors. It may also be called "the executive board" and is often simply referred to as "the board".
A board's activities are determined by the powers, duties, and responsibilities delegated to it or conferred on it by an authority outside itself. These matters are typically detailed in the organization's bylaws. The bylaws commonly also specify the number of members of the board, how they are to be chosen, and when they are to meet. However, these bylaws rarely address a board's powers when faced with a corporate turnaround or restructuring, where board members need to act as agents of change in addition to their traditional fiduciary responsibilities.
In an organization with voting members, the board acts on behalf of, and is subordinate to, the organization's full group, which usually chooses the members of the board. In a stock corporation, the board is elected by the shareholders and is the highest authority in the management of the corporation. In a non-stock corporation with no general voting membership, the board is the supreme governing body of the institution; its members are sometimes chosen by the board itself.
Actors: Mike Elliott (producer), Marilu Henner (actress), Bill Timoney (actor), Bernard Gribble (editor), Sharon Cingle (miscellaneous crew), Amy Goldberg (producer), Matt Winston (actor), Robert Wagner (actor), Lance H. Robbins (producer), Frederick Coffin (actor), Clayton Landey (actor), John Finn (actor), Ryan Merriman (actor), Joseph P. Genier (producer), David A. Hoffman (miscellaneous crew),
Plot: A troubled 17-year-old Todd Baker restores a Mercury Redstone rocket as a science project with the help of his ex-astronaut grandfather. When a NASA emergency leaves a space shuttle and its crew in danger, Todd's rocket is the only one ready for immediate launch.
Keywords: astronaut, california, death-of-father, grandfather, grandfather-grandson-relationship, high-school, loss-of-father, meteor-shower, meteorite, mother-son-relationshipMust have been the devil who changed my mind
Must have been the wind blowing not me crying
Half the joy of icaving was the space I left behind
Now I'm back, angelheaded holloweyed
Placed myself at the eye of the storm
Just didn't see the signpost to scorn
The blue sky wrinkled through my tears
Them darkness grounded all my fears
I gave him my sugar; he switched it for salt
Should have seem him coming that's always my fault
Rocks for my pillow and sand for my bed
For better or worse I left him for dead
But two rivers to each other run
Words that shook me like the kick of a gun
Had something in my heart ain't got no name
Turned out he left the same
Ain't it lonesome, ain't it sad
I was the only happiness he ever had
By indian river the vows were said
In a red devil's dress I was wed
Cat cat bone, cat cat cat bone x8
Bitch baby round lady
Came to me in a dream
Them lightning struck and thunder roared
And nothing was as it seemed
A two-headed doctor walked on the water
And buried a lemon outside my door
He turned and laughed, threw up his hands
When I asked him what it was for
He sang 'ships in the ocean rocks in the sea
Blond-headed woman made a fool outta me'
Them everything went crazy
My shoes filled with blood
The water rose the wind did howl
The river looked ready to flood
I left my man asleep to drown
And ran without looking back around
Ring the bells of mercy
Send the sinnerman home
The keys to the kingdom are lost and gone
And I'm left to die alone
All these irls grown old now
All that long hair in the grave
Realize what's done is done
It's far too late to be saved
Yeah cat cat cat x3