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Ivanshal [37]
3 years ago
7

What was an important advantage of coporations

History
1 answer:
Law Incorporation [45]3 years ago
4 0

Answer:

A corporation is a business entity legally distinct from its owners. A board of directors governs it, with officers managing day-to-day operations. Advantages of a corporation include limited liability for its shareholders, a perpetual existence and ease of transferring ownership interests.

Explanation:

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