2007-01-08 19:32:05 · 3 answers · asked by airhead 1 in Business & Finance ➔ Corporations
corporation and incorporation?
A corporation is a company that has incorporated. The "inc" you see after a companies name is usually short from "Incorporated," which means it has gone through an incorporation process to become a corporation. Why some companies put "Corp." and some put "Inc."? Usually a choice based on which one sounds best.
2007-01-08 19:42:33 · answer #1 · answered by sspade30 5 · 0⤊ 0⤋
Corporation is a type of business. In this context, incorporation is the process of becoming that type of business.
In other contexts, the word 'incorporation' means 'to include'.
An example:
A barrel of apples had seven apples after the incorporation of the other two apples. Before incorporating the two apples, the barrel only had five.
2007-01-09 03:52:17 · answer #2 · answered by Jack Schitt 3 · 0⤊ 0⤋
<>A Corporation is a legal business entity. Incorporation is the process of creating a Corporation.
2007-01-09 03:40:13 · answer #3 · answered by druid 7 · 0⤊ 0⤋