What does "inc." mean?

Answer

A company with a name that ends in "inc." is incorporated, giving its owners, officers and investors specific legal advantages. Essentially, these key people in the business have no personal liability in the event that the business fails or assets are seized due to mismanagement or unpaid debts.

To incorporate a business, all that is needed is a certificate of incorporation, which must be signed by at least one incorporator. The other necessary items are the corporation name, its purpose, and its proposed corporation lifespan. There are different types of corporation choices, including S-Corp, LLC and C-Corp. All have unique advantages and disadvantages.

Reference:
Explore this Topic
Inc is an abbreviation used in business to mean an incorporated legal establishment. This means that the ownership of the company is arranged in the form of shares ...
The Reason 2 code with business check cashing with Certegy, Inc. means that there is another reason for denial. This generally has something to do with being a ...
Science Research Associates, Inc (SRA) provides individualized reading instruction programs, through a laboratory kit. The first kit was available in 1957. They ...
About -  Privacy -  Careers -  Ask Blog -  Mobile -  Help -  Feedback  -  Sitemap  © 2014 Ask.com