Season 3 Bonus: Who Pays for the Limited Liability Shield?

From Cracking Business Law for Law Students · 00:10:41

Show by Professor Lee Harris

Season 3: Cracking Limited Partnership Law. Bonus episode (free).Limited liability is the reason most business entities exist, so before Season 3 turns to limited partnerships, this bonus episode asks the question behind the whole second half of the course: when owners are shielded from a business's debts, who ends up paying? We look at what the shield does, why the law grants it, and the trade-offs it forces on creditors, tort victims, and the owners themselves.This episode is free. Every episode of every season is on Apple Podcasts: search "Cracking Business Law" or open https://podcasts.apple.com/us/podcast/cracking-business-law-for-law-students/id6811095639Produced with AI-generated voices from written material prepared by Professor Lee Harris, University of Mississippi School of Law. For education only; not legal advice.

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