How is a corporation different from a business that is not organized as a corporation?

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Economics An Introduction To Traditional And Progressive Views

ISBN: 9780765616685

7th Edition

Authors: Howard J. Sherman, E. K. Hunt, Reynold F. Nesiba, Phillip A. O'Hara, Barbara A. Wiens-Tuers

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Question Posted: Nov 07, 2023 07:18 AM

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How is a corporation different from a business that is not organized as a corporation?

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A corporation is a legal entity that is separate from its ownersThis means that the corporation can own propertyenter into contractsand sue and be sue...View the full answer

Economics An Introduction To Traditional And Progressive Views

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