A corporation is an artificial being created by operation of law, having the right of succession and the powers, attributes, and properties expressly authorized by law or incidental to its existence.Group of answer choicesTrueFalse

A corporation is a business that:A.is legally owned by only one person.B.is set up and run by the government.C.is controlled by people who buy stock.D.is run by a group of two or more owners.

The distinguishing feature of a corporation is that: a. none of them. b. it provides limited liability only to small shareholders. c. there is no legal difference between the corporation and its owners. d. it spreads liability for its corporate obligations to all shareholders. e. it is a legally defined, artificial being, separate from its owners.

what are corporations?

A type of business organization that is treated as a legal person and whose owners (shareholders) enjoy limited liability is asole proprietorshipcorporationpartnershipnone of the above

The shareholders or members mentioned in the Articles of Incorporation originally forming and composing the corporation and who are signatories thereof are called