Question

Explain the various types of Corporations

Answer 1

Answer:

Companies can be classified into different types based on their mode of incorporation, liability of the members, and number of the members. ... Public Company (or Public Limited Company) Private Company (or Private Limited Company) One Person Company.

Answer 2

Explanation:

S and C Corporations.

Other Types of Corporations.

Regular Corporation.

Statutory Close Corporation.

Quasi-Closed Corporation.

Professional Corporation.

Non-Profit Corporation.

Limited Liability Company