Question

The chief distinguishing factor of a corporation is its . An investor who purchases stock in a corporation becomes a in that corporation.

Answer 1

The correct answers are; Limited liability and Shareholder.

Further Explanation:

A shareholder is a person or business who purchases or given stock in a company. The shareholder then holds ownership in the company. The amount of ownership depends on the amount of stock the person/business owns. The shareholder will receive a check from the profit of a company if the stocks rise throughout the year. There are two type of shareholders: Majority and minority shareholders.

Limited liability corporations are known as a LLC in the United States. The owners of a LLC are not legally responsible for the debt of the company. They are also not liable for the liabilities. A LLC has more tax flexibility than other types of corporations.

Learn more about shareholders at brainly.com/question/12293968

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