- Jun 13, 2012 2012-06-13 16:22:28
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.
- Washington, District Of Columbia
- REVIEW RATING 3/5
I reenroled several times &told my extended year not updating in system. Haven't gotten 125 of my 250 minutes. Got my replacement phone & says only have 70 more days of service! & still can't get my minutes. This is my life link device & I've had no other way to communicate & I'm disabled. Really defeats the purpose don't you think? How ironic! Now after all my talks with reps... Read more ›Was this review helpful? 0 0 3