- Mar 12, 2012 2012-03-12 13:31:48
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.
- East Northport, New York
- Phone Call Abuse
My name is Eugene T. Bernascone from New Jersey. You people constantly call me every day and even on Sundays. This will stop as I do not owe you or anyone else any money. You're only wasting your time by calling me, because every time you call, I simply hang up. Get it straight, you will never collect money from me. Absolutely nothing, and the most beautiful part about all of this is the fact... Read more ›Was this review helpful? 0 0 2.5