holy shit you guys, i'm going to end it right here.
Harvey was on the right note when he said a corporation must have stock, however that isn't totally true.
a coporation is simply ANY COMPANY THAT INCORPORATED.
there's sole proprietorships, partnerships, LCC's, Inc. (corporation), etc.
Normally only larger companies incoporate.
The advantage to corporation is usually just that if your company gets in trouble or sued, it isn't you, the owner, or the employee getting in trouble. The compan yis completely separate, if it's incorporated. if the company gets sued for something, the owner's hosue can't get taken away. if the company gets sued, the workers can't all go to jail.
if the company gets sued, the business may go under, but won't affect the individual employees.
THAT is a corporation. it has NOTHING to do with an opinion. I bet armada IS incorpoated, however, you're mostly all using it as an opinion word, it's a FACT! it's either a corporation or it isn't. that isn't some word you can just toss around like calling it a 'good' company or a 'big company.'
it's either there or it isn't!
Brody
i wont drop out of high school for skiing, mom