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Introduction
The corporate form has become the
standard for many businesses in our complex and litigious society. Before there
were corporations, investors in a business risked everything if the venture
turned south. If the company lost money and didn't have the cash to pay its
creditors, the partners had to make up the difference with their own money. With
the advent of the corporation, investors could be shielded from this type of
liability, and as a consequence, more people were willing to invest in business
ventures.
Our law library provides you with general information relating to corporations.
We also outline their advantages, disadvantages, and how they compare to other
business entities, including the limited liability company (otherwise known as
an LLC). If you are considering forming a corporation, we urge you to carefully
read these sections before determining which business entity is best for you.
If you decide to form a corporation (or even an LLC), our documentation service
can help. Simply answer a few questions online with the support of our expansive
database of information, and Saletta.Com will do the rest. Saletta.Com will
generate all of the legal documents you need and will even file the required
formation documents with the Secretary of State.
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