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In response to:

Of, For & By the Government

kkatzenberger Wrote: Jul 21, 2012 11:28 AM
The concept of a corporation is to limit liability preventing creditors from seizing personal assets of the shareholders. To say you don't put your personal assets at risk is nothing more than ludicrous and evidence of a lack of understanding around the concept of financing and building a business. Corporations sell shares to investors the shareholder (for either cash or in exchange for physical assets - the corporation now owns the asset). In most small to medium size businesses the shareholder is the founder of the business. Where do the founders get the funds to buy the shares, it comes from their PERSONAL money rarely will lending institution finance start-up businesses unless they collateralize it with personal assets of the owner.
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