Which term identifies a type of business that can have many owners?

Biology

1 answer:

m_a_m_a [10]2 years ago

7 0

The term that identifies a type of business having many owners is: C. corporation.

<h3>What is a Corporation?</h3>

A corporation can be defined as a legal entity that is separate and distinct from its owners.

A corporation is created when several group of share holders become incorporated and share ownership of the corporation.

Examples of businesses that have many owners (corporation) include Coca Cola Corp., Toyota Motor Corp., and Microsoft Corp.

Therefore, the term that identifies a type of business having many owners is: C. corporation.

Learn more about corporation on:

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