- Mar 06, 2012 2012-03-06 12:34:12
There are different types of companies that can be formed in different jurisdictions. The most common forms of company are the following: a company limited by shares, a limited-liability company, a company limited by guarantee, an unlimited liability company. Less common types of companies are charter corporations, statutory companies and companies formed by letters patent. A limited company is a company in which the liability of each shareholder is limited to the sum individually invested. A limited-liability company, i.e., L.L.C, is characterized by limited liability, management by members or managers, as well as limitations on ownership transfer. A company limited by guarantee is created for non-commercial purposes, here belong clubs or charities. Other Company limited by guarantee with a share capital is incorporated for non-profit purposes; however, the activities of the company are sponsored by investors who expect a return. An unlimited liability company is a company where the liabilities of members for the debts of the company are unlimited.
- Dallas, Texas
- Public Service
We too sat through a grueling 4.5 hrs of lies. First we were told this was not a time share so I let my wife *** me into driving from Jacksonville to Orlando for a free night in a condo. All we had to do was listen to a 1-1/2 hrs pact of lies that went into 4 hrs of Bull S---t. My wife gave them fifty dollars as an incentive for what ever and now they wont answer the *** phone because I told my... Read more ›Was this review helpful? 0 0 2.5