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There are a number of legal benefits that come with incorporation. One significant legal benefit is the protection of personal assets against the claims of creditors and lawsuits. Sole proprietors and general partners in a partnership are personally and jointly responsible for all the legal liability (LL) of a business such as loans, accounts payable, and legal
C.F.R. — Code of Federal Regulations; CFR — Call for Response (At the US Supreme Court, if the other side has stated it will not respond to a petition for cert., any Justice may direct the Clerk to call for a response.) CJ – Postnominals of the Lord Chief Justice of England and Wales and, formerly, of the Chief Justice of the Common Pleas
The county clerk is the county's bookkeeper, auditing and paying the salaries and claims for the county. The clerk is thus empowered to write checks to all local governments for their appropriate funds. Medical licenses, tax records, and tax deeds are filed with the county clerk. The clerk is also the county's official registrar of deeds. The ...
LLC. Corporation. Ownership. Can be owned by one or multiple members. Owned by shareholders. Paperwork. Annual business filings can be handled by the business owner or manager
Portrait of Frederick Douglass in the D.C. Recorder of Deeds Building. Frederick Douglass was the first recorder of deeds for the District of Columbia.. Recorder of deeds or deeds registry is a government office tasked with maintaining public records and documents, especially records relating to real estate ownership that provide persons other than the owner of a property with real rights over ...
LLC advantages and disadvantages. When applying for a loan, there are some pros and cons to being an LLC. Advantages of LLCs. Personal asset protection: ...
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