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What is Public vs. Limited Liability Companies about?

This document analyzes the differences between a corporation and a limited liability company. A corporation is a business formed by shares where shareholders are only liable for the value of their shares. A limited liability company divides its capital into social participations where partners are only liable for their contributions. The document also presents the legal foundations that regulate both types of companies and some of their key characteristics such as their management and governing bodies.

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ScribdTranslations

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EN