corporation is an organization, or a group of companies authorized to act as a single entity, and established by a charter passed by parliament or legislature. Required: Outline five reasons why corporation is preferred to other forms of business?
corporation is an organization, or a group of companies authorized to act as a single entity, and established by a charter passed by parliament or legislature. Required: Outline five reasons why corporation is preferred to other forms of business?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
A corporation is an organization, or a group of companies authorized to act as a single entity, and established by a charter passed by parliament or legislature.
Required:
Outline five reasons why corporation is preferred to other forms of business?
Expert Solution
Step 1
Corporation is very common and obvious method of choice of organization.
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