An LLC was designed to give a sole proprietor or partnership the same legal benefits as a corportation (Inc). However, in some states, the courts have not interpretted the law that way.


>So far I know (at least I think..) that LLC means Limited Liability Company and Inc means Incorporated.
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>Is that correct? What is the diference betwen them, and what makes people choose between a LLC or an Inc when starting a new enterprise?