$1.70 a litre in BC
- Thread starter B00Mer
- Start date
How can that be, I'm a 25% shareholder in our little Limited company and still a guarantor in the company's loans?
Please quit embarrassing yourself you can't set up a limited company without shareholders, even limited partnerships is set up with shares either major and minor shareholders or 50%/50% ownership. Guarantor is mandatory to secure loans in case the Corporation fails to repay their loans, to give the banks or investors another avenue to recoup their investment outside the assets of the company. This was set in law in the late 80's after the rash of bankruptcies that saw many small corps. selling off their assets to their shareholders just before bankruptcy, just to combine all the assets into a new company afterwards and go back into business without the previous debt load.
Oh now................................
I think you are being TO HARD on hemerHOID!!!!!!!!!!!!!!!!!!!!!!!!
He is not really ignorant you know!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
he is really just a typical LIE-beral who sincerely believes...........................
due to his colossal arrogance and grotesque sense of entitlement............................................
that half truths .............................
evasions of reality and logic........................
and occasional outright DIRTY LIES.......................
are useful political tools!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Yep. I notice the gas stations have one pump allocated for "hypocrite asshats" only!
How can it be that every company the ever starts up grows to the point of having shareholders?
That only works when climate change is a hoax and only white people face discrimination.
Whoa there Natty Daddy... if a Sole Proprietorship, one person is the Corporation and owns the whole.
A share is a portion of a whole.
Shareholder Liabilities
Due to the separate legal existence of a company, shareholders are not responsible for the company’s obligations simply because they are a shareholder.
The liability of a shareholder is usually limited to:
-any unpaid amounts on the shares held by that shareholder;
-any liability or obligations expressly provided for in the company’s constitution or shareholders agreement;
-and liability for breach of directors’ duties if shareholders are considered to be directors (e.g. if shareholders are provided with powers that would ordinarily be exercised by directors).
Key Takeaways
In return for an investment in the company, shareholders enjoy certain rights and powers. These rights and powers usually relate to having a voice in the running of the company, entitlements to receive reports and enjoyment in the profits of the company. Liability of shareholders is often limited to the amount unpaid on their shares, but further liability can arise depending on the terms of the company’s constitution and shareholders agreements.
A share is a portion of a whole.
Shareholder Liabilities
Due to the separate legal existence of a company, shareholders are not responsible for the company’s obligations simply because they are a shareholder.
The liability of a shareholder is usually limited to:
-any unpaid amounts on the shares held by that shareholder;
-any liability or obligations expressly provided for in the company’s constitution or shareholders agreement;
-and liability for breach of directors’ duties if shareholders are considered to be directors (e.g. if shareholders are provided with powers that would ordinarily be exercised by directors).
Key Takeaways
In return for an investment in the company, shareholders enjoy certain rights and powers. These rights and powers usually relate to having a voice in the running of the company, entitlements to receive reports and enjoyment in the profits of the company. Liability of shareholders is often limited to the amount unpaid on their shares, but further liability can arise depending on the terms of the company’s constitution and shareholders agreements.
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Hoid still thinks that the only corporations are megacorp. Either they don't teach much of any importance in school these days or hoid has been skipping a lot of classes.
$1.22.9 at Costco this morning. The rest of Courtenay is running around $1.27.9 Propane is dirt cheap as well.
Yep. I notice the gas stations have one pump allocated for "hypocrite asshats" only!
YES!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
And all the pumps in B.C. have that special added.........................
STUPIDITY TAX!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
For those who support either LIE-berals or their idiot cousins........................
the NDPees and Greenies..........................................
which seems to mean virtually ALL of B.C.!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
GAS UP!
Saskatchewan
Regina Co-op refinery workers vote overwhelmingly to strike if necessary
Mediation ended without an agreement on November 12
CBC News
Posted: 4 Hours Ago
Every Corporation have share holders, in it's conception it is pooled resources to share the risk of one's resources
Buddy attends school every day, it's more an issue of his riding the short bus and his refusal to wear his hockey helmet at all times
Shelter from full exposure of liability is among the biggest reasons to go this route
In certain urban areas there's a method to the madness. Getting certain single occupants out of gas guzzlers and onto public transit. Saves money as well as the environment. (Won't work in ALL cases)
the vast majority of businesses are small
only a very few ever grow to the point of having shareholders.