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dezoksy [38]
3 years ago
14

A corporation is:_________

Business
2 answers:
Pavel [41]3 years ago
7 0

Answer:

The correct answer is letter "B": A business legally separate from its owners.

Explanation:

A Corporation is a defined entity. Corporations are considered to be separate legal entities from their owners according to law. This means companies themselves are legally liable for their acts and debts, not the shareholders. When a company credits debts, the creditors have claims against the corporation's properties, not the owners' assets.

NemiM [27]3 years ago
6 0

Answer: A business legally separate from its owners.

Explanation:

A corporation is an organization which is seen legally as being separate from the owner(s). Legally, a corporation is seen as being on its own and therefore can: obtain loans, be Sue, pay taxes etc.

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