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    Business Organizations: What is a corporation?

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    What is a corporation? Identify and discuss the key advantages and disadvantages of corporations.

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    https://brainmass.com/business/accounting/business-organizations-corporation-490028

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    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
    3) Permanence
    It doesn't cease to ...

    Solution Summary

    This solution identifies the advantages and disadvantages that define a corporation in approximately 175 words.

    $2.19

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