--- [EMAIL PROTECTED] wrote: > [With] a corporation there's nobody with personal liability.
The directors (members of the board of directors) have liability, which is why boards buy liability insurance. U.S. and State laws limit this liability, but in a pure market, the directors should be personally and fully liable for a corporation's debts, as would be the general partners of a partnership. Fred Foldvary ===== [EMAIL PROTECTED]