The main difference between unlimited and limited liability is the level of risk that a business is willing to take. Having unlimited liability is a bigger risk for any business than having ...

A limited liability company (LLC ... LLCs should not be confused with an unlimited liability corporation (ULC), which is a corporate structure allowed in certain countries and in some Canadian ...

Difference Between an LLP and LLC An LLC is a limited liability corporation ... a managing partner of the LLP who retains unlimited personal liability. Low commission rates start at $0 for ...