What is a general corporation?

Definition general corporation

How do we define: general corporation?


General Corporation is the most common legal structure for incorporation. A general corporation can have an unlimited number of shareholders and each shareholder's personal liability is proportional to his or her amount of investment.


Every new business owner must learn about incorporating their company. Learning how to incorporate your company is critical to starting up and protecting your future.

Incorporating

Corporate Glossary


 

 

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