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Shipping: UPS Ground vs. FedEx Ground EEOO other weasel words etc,..,
Ok. I see now. But still not a comforting thing to see hang on a
company title. At least for me. Looks like they are making a hedge on legal proceedings before they even do business. LOL Maybe goes along with never reaching a real person on the phone. :-) Thanks for raking some of the muck off the new business jargon. I can feel a little less exposed now. "Bill" wrote in message ... Mr Fed UP wrote: Other weasel words I have seen on many company names these days. Are LLC instead of INC or CO .... I found it to be the acronym for Limited Liability Company. Anyone know what this means for them to weasel out of being liable? Seems like most companies are going to similar labels. I don't want to be liable for nothing either, but Sheezzzz!!! Do we all expect to get shafted from every place we do business now? Any enlightenment appreciated. Any lawyers out there? Can they really do business and not be responsible for the services and products they sell? You're confusing liability for damages with liability between partners of a corporation. Same word, different context. Here's a brief explanation taken from the web. Liability Issues of a Limited Liability Company In a limited liability company, a member's legal liability is limited to his or her investment in the business. Generally, a member's personal assets are not at risk, but a member's personal assets may be at risk if any of the following occurs: * A member personally guarantees a business debt. * The form of business is found to be a sham (not properly formed or maintained). * A member becomes personally liable as a result of his or her own acts or conduct. -Bill |
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