What does it mean that a corporation is a separate legal entity

A. the corporation is owned by people who are known as shareholders

B. the corporation has to have an address for the business it operates that is different than the addresses of the people who own the corporation

C. the corporation has to be managed by people who are not shareholders in the corporation

D. the corporation is considered to be a legal person with certain rights that exists independently of the people who own stock in the corporation