In a message dated 12/17/02 12:21:42 AM, [EMAIL PROTECTED] writes: << Fred Foldvary wrote: > The argument for [limited liability] is that investors are more > willing to put up funds if they will not be personally liable. > > Nor should they be liable, since lenders are also not, and one could > map limited partners into lenders who get a return based on profit.
But the borrower would still be personally liable. >> But if the borrow is a corporation then there's nobody with personal liability.
