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VikaD [51]
3 years ago
13

What defines a corporation?

History
2 answers:
Lina20 [59]3 years ago
8 0

Answer:

A business with more than 2 owners.

Explanation:

I am Lyosha [343]3 years ago
3 0

Answer:

The correct answer is “A business owned by individual stockholders.”

Explanation:

A corporation is a legal entity whose owners are <u>individual shareholders</u>.

Corporations have the same rights and responsibilities that individuals have.

They are used by all kinds of businesses in the world and its most important aspect is that they have <u>limited liability</u>. This means that shareholders can enjoy the profits of the corporation but are not individually responsible for the debts it has.

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