A(n) _____ is a legal entity whose assets and liabilities are separate from that of its owners'. It can also enter into contract

Question

2 years ago

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A(n) _____ is a legal entity whose assets and liabilities are separate from that of its owners'. It can also enter into contract

s with individuals or with other legal entities.a. proprietorshipb. corporationc. limited partnershipd. cartele. general partnership

Business

1 answer:

ser-zykov [4K] · Answer 1 · 2022-08-31T21:30:07+03:00

Answer:

The correct answer is letter "B": corporation.

Explanation:

A Corporation is an organization -usually a large business- with specific characteristics. Under the law, corporations are deemed separate legal entities from their owners. This means that <em>corporations themselves, not the owners, are legally liable for their actions and debts.</em>