"Remember, aside from tax reasons, the most common motivation for incurring the cost of setting up a corporation is the recognition that the shareholder is not legally liable for the actions of the corporation. This is because the corporation has its own separate existence wholly apart from those who run it"
(May as well start from scratch with regards to what a corporation even is etc...)
Printed copy · Anthology Volume 4, page 647Printed copy from The Tender For Law Anthology, Volume 4, page 647 (printed 13 June 2014). Added by this site; not part of the Facebook export.