Get the answers you need at Westonci.ca, where our expert community is always ready to help with accurate information. Our platform provides a seamless experience for finding reliable answers from a knowledgeable network of professionals. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform.
Sagot :
Business organization that is established as a separate legal entity is the corporation.
A corporation is a business organization which is established by a group of people. The founders of the corporation combine their resources to start the business with motive of profit. As a form of business ownership, a corporation is a separate and distinct entity from the founders.
After registration, a corporation acquires the right to engage in business transactions, get its own properties, hiring of employees, acquire assets, and incur debts.
The corporation is always treated as a legal person. The law protects the properties of shareholders from being interfered with should the corporation fail to protect its obligations.
To know more about corporations here:
https://brainly.com/question/13378534
#SPJ4
Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. Thank you for using Westonci.ca. Come back for more in-depth answers to all your queries.