A business structure used in Europe and Canada, in which shareholder responsibility for company debt is limited, usually to the amount he/she has invested in the company. In some cases, the liability of shareholders is limited to specific pre-determined amounts (which are stated in a memorandum). Abbreviated Ltd or plc.
July 19, 1965. Honolulu, Hawaii. Syngman Rhee, (born March 26, 1875, PâyÅngsan, Hwanghae province, Korea [now in North Korea]âdied July 19, 1965, Honolulu, Hawaii, U.S.) first president of the Republic of Korea (South Korea). Rhee completed a traditional classical Confucian education and then entered a Methodist school, where he learned English.
More Moments in U.S. Diplomatic History. Syngman Rhee, a staunch anticommunist and authoritarian, was the first president of South Korea. Backed by the United States, Rhee was appointed head of the Korean government in 1945 before winning the countryâs first presidential election in 1950.