What does “liability” mean in the context of forming a business?


What does “liability” mean in the context of forming a business?

When we talk about “liability,” in the context of forming a business, we generally mean liability for product malfunction, liability for services, professional services, that are maybe not up to snuff, or liability for an error or an omission.


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This entry was posted on Thursday, November 20th, 2008 at 12:07 am and is filed under Entrepreneurs Success Tips, Useful Videos. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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