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Posted by Aman Sethi $.Com 4 years, 11 months ago
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Gaurav Seth 4 years, 11 months ago
- A corporation is a legal entity that is separate and distinct from its owners. Corporations enjoy most of the rights and responsibilities that individuals possess.
- An important element of a corporation is limited liability, which means that shareholders may take part in the profits through dividends and stock appreciation but are not personally liable for the company's debts.
- Corporations are not always for profit.
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Aman Sethi $.Com 4 years, 11 months ago
1Thank You