A noncorporate business whose owners actively participate in the organization's management and are protected against personal liability for the organization's debts and obligations. The limited liability company (LLC) is a hybrid legal entity that has both the characteristics of a corporation and of a partnership. An LLC provides its owners with corporate-like protection against personal liability. It is, however, usually treated as a noncorporate business organization for tax purposes.
In the US, tens of thousands were dying during the years of the Depression from pellegra, which was cured in 1938 through niacin supplementation. This is known because there were Pellegra hospitals and it was believed to be an infectious disease so there are good records.
The crash wiped out 40 percent of the paper value of common stock. Although this was a cataclysmic blow, most scholars do not believe that the stock market crash, alone, was sufficient to have caused the Great Depression. In 1929, there were 25,568 banks in the United States; by 1933, there were only 14,771.he crash wiped out 40 percent of the paper value of common stock. Although this was a cataclysmic blow, most scholars do not believe that the stock market crash, alone, was sufficient to have caused the Great Depression. In 1929, there were 25,568 banks in the United States; by 1933, there were only 14,771.