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by cies 2472 days ago
Comparing a PtLd to a "personal business" the PtLd shields the owners from criminal liability for crimes committed by the PtLd, while the "personal biz" provides no such protection.

> Limited liability only protects the capital of the shareholders,

No, it also protects shareholders from crimes the PtLd commits in order to "serve them". This is a main problem with PtLds imho.