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    Dating back to Germany, 1892, this legal construct allows a group of natural persons to act as if it were an individual for certain purposes. What is the name of this legal entity?

    Question #65500. Asked by zbeckabee. (May 09 06 8:51 AM)


    lanfranco

    		Are you referring to a "limited liability company," a legal entity that offers certain tax and other advantages?


    http://en.wikipedia.org/wiki/Limited_liability_company

    May 09 06, 12:08 PM
    bloomsby

    		Limited liability companies were alive and well before 1892.

    http://www.economist.com/diversions/millennium/displayStory.cfm?Story_ID=347323

    May 09 06, 2:16 PM
    zbeckabee

    		lanfranco...Absolutely!!! But more specifically Gesellschaft mit beschränkter Haftung (GmbH) found on your link.


    May 09 06, 2:45 PM

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