A form of business organization with the liability-shield advantages ... Many states allow a business form called the limited liability company (LLC). The LLC arose from business owners' desire ...

SDI Productions / Getty Images A family limited liability company (LLC) is formed by family members to conduct business in states that allow LLCs. Members must be related by blood, adoption ...

A joint stock company is a type of business entity where ownership is divided into shares of stock, which are held by shareholders. The capital of a joint stock company is raised through the issuance ...