Corporation : The form of business entity ,which is incorporated by state law into a separate legal entity, owned by stockholders, and managed by board of directors elected by stockholders, is referred to as corporation. To identify : The characteristic which best suits corporation type of business organization

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Chapter 1, Problem 5QC

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Corporation: The form of business entity ,which is incorporated by state law into a separate legal entity, owned by stockholders, and managed by board of directors elected by stockholders, is referred to as corporation.

To identify: The characteristic which best suits corporation type of business organization

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