Anonymous asked in Business & FinanceCorporations · 9 years ago

What type of ownership is and what is its liability?

1 Answer

  • 9 years ago
    Best Answer

    The full title of, is inc.

    So therefore it is an incorporated Company, this is the same as a Limited Company in the UK.

    So its liabilities are limited to the assets of the Company. ie there is no personal liability incurred by the owners, or shareholders of the Company.

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