Post
feeelings feeelings 22-25, F 7 Answers Jan 10, 2013 in Hobbies

Your Response

Cancel

Organized and maintained as a legal corporation...<br />
<br />
As in "an incorporated town" or "the ideas incorporated in his revised manusc<x>ript"

Best Answer

When a business becomes incorporated, a separate and distinct legal entity is created. An incorporated business acts independently of its business owners.

Best Answer

With out a body or soul. is a legal construct that belittles us. We should be responsible, but sadly we hide behind "law" silly when we do not seek morals and settle for random edicts

Best Answer

No it just means the company has the legal status as a Cooperation. Simply stated it means the shareholders can not be sued or held accountable for any damage the company does. People who have legal grievances against that company can only sue the company, once they have wiped out the companies capital then that’s it they are out of luck. Same goes if the company goes belly up and creditors come around looking for the money they loaned the company.

Best Answer

Maybe, maybe not, it all depends on who's asking

Best Answer

incorporated [ɪnˈkɔːpəˌreɪtɪd]<br />
adj<br />
1. united or combined into a whole<br />
2. (Business / Commerce) organized as a legal corporation, esp in commerce Abbreviation Inc, inc<br />
incorporatedness n

Best Answer

Related Questions