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Natasha2012 [34]
2 years ago
14

Which form of business organization is established as a separate legal entity?

Business
1 answer:
densk [106]2 years ago
7 0

Answer:

Corporations

Corporations. A corporation is considered by law to be a unique entity, separate from those who own it. A corporation can be taxed, sued and enter into contractual agreements. The corporation has a life of its own and does not dissolve when ownership changes.

Explanation:

corporation

Unlike a sole proprietorship or general partnership, a corporation is a separate legal entity, separate and distinct from its owners. It can be created for a limited duration, or it can have perpetual existence

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