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What is corporation vs limited liability?

Updated: 9/17/2019
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Q: What is corporation vs limited liability?
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Related questions

Is Target Corporation a limited liability corporation?

No


What type of business has limited liability?

An LLC (Limited Liability Corporation).


What is the difference between LLC vs Inc?

Inc. refers to an entity being a corporation while LLC means limited liability company. The difference is in the structure of the companies. A corporation also offers limited liability, but it differs from a corporation in structure and the regulations it must follow.


Is exxonMobil a limited liability corporation?

Not exactly, ExxonMobile is a Limited Liability Company (LLC). An LLC is a company not a corporation.


What does PLLC stand for after an attorneys name?

PLLC is a combination of two business forms. The partnership and the LLC. PLLC stands for partnership limited liability corporation.


What is a ltd corporation a c corporation or s corporation?

LTD stands for Limited Liability. Either type of corporation would qualify in that the owners' liability is limited.


Examples of a corporation?

general corporation Close corporation Limited Liability Corporation


What type of corporation is Harpo Inc?

limited liability corporation


What litigation rules apply to a limited liability corporation in California?

California Limited Liability Company Act (“LLC Act”) apply to limited liability corporation. Visit www.corp.ca.gov for more details.


A business that enjoys limited liability is?

Corporation


Which of these is a major advantage of a corporation?

Limited liability is a major advantage of a corporation.


What is a WLL company and what does that stand for?

A "WLL" company is a type of limited-liability corporation, where WLL stands for "With Limited Liability." The rules for a WLL vary by country. In the US, the LLC ("Limited Liability Corporation") business type is similar.