Limited liability company: Difference between revisions

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A grand metaphysical fiction on which much of post-enlightenment western civilization depends. Originally known as “joint stock companies”, [[LLC]]s are demure creatures, usually hidden behind a corporate veil.
{{a|entity|}}{{d|Limited liability company|/ˈlɪmɪtɪd lʌɪəˈbɪlɪti ˈkʌmp(ə)ni/|n|}}


While walking in the [[Cayman Islands]] during a biological expedition in 1926, glum Scottish naturalist [[A. J. N. Calder]] discovered an animal very like the [[ellellcie]] in a forest not far from [[George Town]], [[Grand Cayman]]. This creature (which, for reasons best known to himself, he originally dubbed the “[[shelfco]]”) turned out to be a an [[espiecie]] - a rather remarkable adaptation of the [[ellellcie]] unique to the islands of the [[British West Indies]].  
A grand [[Metaphysics|metaphysical]] fiction on which much of post-enlightenment western civilisation — or the utter ruination of the aforesaid, depending on your disposition — depends. Originally known as “joint stock companies”, limited liability companies (“[[ellellcie]]s” or “[[LLC]]s”) are demure creatures, usually hidden behind a [[corporate veil]].
===Close relative to the [[espievie]]===
While walking in the [[Cayman Islands]] during a biological expedition in 1926, glum Scottish naturalist [[A. J. N. Calder]] discovered an animal very ''like'' the [[ellellcie]] in a forest not far from [[George Town]], [[Grand Cayman]]. This creature (which, for reasons best known to himself, he originally dubbed the “[[shelfco]]”) turned out to be a an [[espievie]] - a rather remarkable adaptation of the [[ellellcie]] native to the islands of the [[British West Indies]].  


It is thought to have evolved from an [[ellellcie]] that was washed overboard as the Mayflower passed the Caribbean on its way to Cape Cod, but it had in the ensuing three hundred years adapted so totally to its new environment that it was almost unrecognisable as an [[ellellcie]]. Despite repeated efforts scientists and financial engineers have been unable to successfully merge or consolidate an [[espiecie]] with a traditional [[ellellcie]] and the prevailing orthodoxy today has it that they are now entirely distinct geni of legal personality.
The [[espievie]] is thought to have evolved from an [[ellellcie]] that was washed overboard as the Mayflower passed the Caribbean on its way to Cape Cod, but it had in the ensuing three hundred years adapted so totally to its new environment that it was almost unrecognisable as an [[ellellcie]].  


{{seealso}}
Though Caribbean in origin, [[espievie]]s have proven hardy in many different climes, flourishing in tax-advantaged locations as diverse as Madeira, the Channel Islands, [[Luxembourg]], [[Malta]], Delaware and The Cook Islands.
*The [[Espiecie]]
 
Despite repeated efforts scientists and financial engineers have been unable to successfully merge or consolidate an [[espievie]] with a traditional [[ellellcie]] and the prevailing orthodoxy today has it that they are now entirely distinct genii of legal personality.
 
{{sa}}
*The [[Espievie]]
*The Channel Islands [[Oiec]]
*The Channel Islands [[Oiec]]