A limited liability company (LLC) limits the potential for its members to be personally liable for the LLC's business debts. It features pass-through taxation.

Different types of businesses and business interests hold different levels of liability when it comes to debts and obligations. Owners of sole proprietorship businesses and general partnerships may be ...

Liability management involves balancing customer deposits and borrowed funds to ensure banks can lend effectively while maintaining stability and reducing financial risks.

A certificate of liability insurance proves you have coverage. Buy a policy, then download your certificate of insurance. Many, or all, of the products featured on this page are from our advertising ...

(MoneyWatch) Most people don't give the risk of a lawsuit a second thought. But with liability law suits on the rise and attorneys seeking larger awards, the risk is very real. Most home insurance ...

Personal liability coverage is part of most homeowners insurance policies. It protects you if someone is injured on your property, or if you damage their property at your home or theirs. You can buy ...

With 15 years of immersion in the world of personal finance, Ashley Kilroy simplifies financial concepts for individuals striving toward financial security. Her expertise has been showcased in ...

Liability constitutes an important, and oftentimes ruinous, aspect of business. Small businesses in particular may face complete collapse in the face of a liability lawsuit. Various types of liability ...

Businesses that provide services for a fee should have professional liability insurance. Many, or all, of the products featured on this page are from our advertising partners who compensate us when ...

Cyber liability insurance protects a company against cyberattacks that can result millions of dollars of damages.