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In any case, there was still no restricted risk and friends individuals could in any case be considered liable for limitless misfortunes by the com

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In any case, there was still no restricted risk and friends individuals could in any case be considered liable for limitless misfortunes by the com pany.[24] The following, urgent tu m of events, then, at that point, was the Limited Liability Act 1855, passed at the command of the then Vice President of the Board of Trade, Robert Lowe. This permitted nancial hackers to restrict their responsibility in case of business inability to the sum they put resources into the organization - investors were as yet obligated straightforwardly to lenders, yet only for the neglected piece of their portions. [The rule that investors are obligated to the partnership had been presented in the Joint Stock Companies Act 1844}

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