Asked by
Michael Clemente
on Oct 15, 2024Verified
A corporation is a legal entity separate from its owners.
Legal Entity
An individual or organization with legal rights and obligations, including the ability to enter into contracts, sue, and be sued.
- Understand the judicial and financial organization of corporations, including the roles and liabilities of shareholders.
Verified Answer
TK
Learning Objectives
- Understand the judicial and financial organization of corporations, including the roles and liabilities of shareholders.
Related questions
Corporations Avoid Many of the State Regulations and Controls That ...
Minimum Legal Capital Is the Least Amount That the Buyers ...
Shareholders in a Corporation Have the Power to Bind the ...
A Proxy Is a Document That Gives a Designated Agent ...
A Bond in Which No Assets Support the Corporations' Obligation ...