Corporation A corporation is a form of business entity that is incorporated through the state charter and having a legal identity separate from its owners or the shareholders. Corporation forms of business entities dominate the business activities of Country U. The big businesses in the country are carried through corporations including the multinational business. There are various advantages and disadvantages of corporation form of business as compared to other form of business. a, b, c, d, e, f, and g. To Identify: The advantages and disadvantages of corporate form of business from the given statements.

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Chapter 13, Problem 13.19E

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Corporation

A corporation is a form of business entity that is incorporated through the state charter and having a legal identity separate from its owners or the shareholders. Corporation forms of business entities dominate the business activities of Country U. The big businesses in the country are carried through corporations including the multinational business.

There are various advantages and disadvantages of corporation form of business as compared to other form of business.

a, b, c, d, e, f, and g.

To Identify: The advantages and disadvantages of corporate form of business from the given statements.

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