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marysya [2.9K]
3 years ago
5

A _____ has all the respective rights and privileges of a legal person

History
1 answer:
Vikentia [17]3 years ago
3 0

Corporation

A corporation is considered as a separate legal entity that is distinct from its owners. It can sue or be sued. enter contracts, loan and borrow money, hire employees, own assets and pay taxes. Therefore, it enjoys most of the rights and responsibilities that an individual possesses


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