What is a corporation? Identify and discuss the key advantages and disadvantages of corporations.© BrainMass Inc. brainmass.com June 4, 2020, 2:57 am ad1c9bdddf
What is a corporation? Identify and discuss the key advantages and disadvantages of corporations.
Corporation is a legal person having a separate identity. It is an artificial person and it is created under the law. Key advantages are that it has:
1) Separate identity
2) Shareholders have limited liability
It doesn't cease to ...
This solution identifies the advantages and disadvantages that define a corporation in approximately 175 words.