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It is owned by a single person. Rather than a corporation.
A business that is owned and operated by a single individual is know as a proprietorship
proprietorship
A sole proprietorship is an unincorporated business owned by a single person. Most work from home businesses are sole proprietorships.
sole proprietorship
MCA owned MCA Disco-Vision Incorporated
It is not necessary. To be "incorporated" means that the company/business is a corporation which means it is owned by stockholders and operated by officers hired by stock holders. A company can also be a sole-proprietorship (owned and operated by one person) or a partnership (owned/operated by 2 or more people) both of which are not incorporated.
One single person does not own YoVille. It is owned by Zynga, a company.
an unincorporated business owned by a single person who is responsible for its liabilities and entitled to its profits
a corporation
Corporation
It is owned by a single person. Rather than a corporation.
The largest tropical island owned by one person is probably the island of Necker which is owned by Richard Branson. It is a 74 acre island and he hosts large parties there for the rich and famous.
sole propietorship
Volkswagen is not owned by single person. Volkswagen founded by Audi Automobile at 1937
A corporation exists when a company comes from being owned by a single person, to being owned partially to whoever buys stocks in it. The company will basically sell itself out to the public, which can cause problems with the stockholders wanting more and more growth in the company. A lot of the time an incorporated company will treat it's employees worse and give them lower wages because of this.
Owlient. Howrse is a company run program not owned by one single person.