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englisch artikel (Interpretation und charakterisierung)

Limited liabilities act 1855



This allowed companies to limit the liability of their individual investors to the value of their shares. Prior to this, investors in a company stood to lose all their wealth if economic circumstances forced the company they had invested in out of business. The curtailing of risk as a result of the act is credited with being the basis for the increased investment in trade and industry, although most of the evidence for this is apocryphal.

 
 

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