Many businesses are operated through a separate entity such as a corporation or a partnership (either formed with or without limited liability). Most legal jurisdictions allow people to organize such an entity by filing certain charter documents with the relevant Secretary of State or equivalent and complying with certain other ongoing obligations. The relationships and legal rights of shareholders, limited partners, or members are governed partly by the charter documents and partly by the law of the jurisdiction where the entity is organized. Generally speaking, shareholders in a corporation, limited partners in a limited partnership, and members in a limited liability company are shielded from personal liability for the debts and obligations of the entity, which is legally treated as a separate „person“. This means that unless there is misconduct, the owner’s own possessions are strongly protected in law if the business does not succeed.

Donec pulvinar in elit quis venenatis. Aenean dolor diam, fermentum nec orci a, molestie vulputate nibh. Curabitur rhoncus ornare nulla, a dignissim dui tempus at. Suspendisse fringilla lobortis elit vel feugiat. Sed et hendrerit ante. Integer iaculis bibendum ullamcorper. Nulla ac accumsan enim. Pellentesque sit amet nunc id arcu pulvinar fermentum vitae id augue. Morbi nisl tortor, suscipit et orci at, iaculis tristique sapien. Praesent et iaculis nisl. Duis vehicula ornare tortor. Curabitur ut libero aliquet, sollicitudin orci vel, lobortis justo. Integer viverra augue sit amet pulvinar eleifend. Phasellus tempor est eu mi faucibus porta. Donec suscipit libero vitae mauris posuere, quis tincidunt nulla rutrum. Etiam eu diam eu mauris rutrum congue.

Vestibulum leo sapien, aliquet ut placerat ac, consequat sed risus. Curabitur facilisis condimentum odio in convallis. Vestibulum laoreet massa ante, quis placerat nunc commodo id. Nullam non libero sed massa pretium tempus eget in lectus. Class aptent taciti sociosqu ad litora torquent per conubia nostra, per inceptos himenaeos. Maecenas fermentum nisi ut quam facilisis, ac viverra nulla euismod. Integer lobortis urna non nisi tempus, ut sollicitudin urna tincidunt. Donec aliquet orci erat, nec feugiat magna ultrices rhoncus. Aenean iaculis nisl purus, at tempus mauris adipiscing tincidunt. Proin et dui eros. Phasellus venenatis iaculis urna accumsan gravida. Quisque vel consequat est. Quisque ac sapien tincidunt, vehicula risus eu, rhoncus nisl. Quisque convallis fringilla augue vel ullamcorper. Duis elementum nisl lacus, a volutpat massa mollis vitae. Cras interdum posuere sapien.