Prompt #10 American dreams in China

by zeyang w.

This film told a story that in the beginning of the 20th century 80s to the 21st century, three young people have the same dream to work hard together, become co-founder of English training school, finally succeeded.

In the middle part of the movie, some of the content is about the company's lists. In the film is representing that the shareholders' limited liability company and the Stock Corporation are same thing.

Limited liability of shareholders is the shareholders’ investment (capital contribution or shares) limited liability company, and external liability company by the middle of this thing. Limited liability of shareholders is the basis of modern corporate law. We can say that the formation of the modern legal system and establish the company as well as improve the specific system, are closely related to the limited liability of shareholders. Removing shareholder limited liability system, modern building company law will be difficult to support, the company's modern legal system is bound to lose focus. A principle shareholder limited liability company system has not produced there, but the company's product development to a certain historical stage. We limited liability of shareholders as a basic principle, both in line with the development direction of modern corporate law, but also in line with our company's actual legislation. The principle of limited liability of shareholders of the principle of limited liability of shareholders has two meanings: First, the shareholders or their contribution is limited to shares held liable for the company; this responsibility belongs to the statutory amount of limited liability; Second, independent responsibility, the responsibility of shareholders and corporate responsibility are isolate from each other.

The shareholders are responsible for the company, not responsible for the creditors of the company; the company's responsibility to corporate responsibility, the principle of not recourse to the shareholders. The limited liability of shareholders is a great role in promoting the development of our company.

Stock Corporation refers to a company for the shares of the company’s capital are composed of shareholders to subscribe for shares within the limit of its commitment to the company's corporate responsibility.

The main feature is the company's total capital is divided into equal amounts of shares flat; companies can issue shares to the public financing, the stock can be transferred according to law; the law of the minimum number of shareholders only, no ceiling prescribed; to its shareholders to subscribe for shares in the company limited liability company with all its assets to bear responsibility for the debts of the company; one vote per share, to its shareholders to subscribe for shares held, to enjoy rights and obligations; the company shall review the verified accounting reports disclosed by a certified accountant .

resource：
“American dreams in China”. aqiyi Video. 17 May. 2013. Web. Feb 2016