Corporations
What are they?
Definition
a company or group of people authorized to act as a single entity (legally a person) and recognized as such in law.
Business Corporation
A corporation formed to engage in commercial activity for a profit
C Corporation
A corporation whose income is taxed through the corporation rather than its shareholders.
Controlled Corporation
A corporation where the majority of stock is held by one individual or firm.
Corporations
There are so many different types of corporations, but the one I think I like the most would be controlled corporation. The reason being is because it is only held by one individual, and i like that.