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What Do You Mean By Corporate Company? |
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Answer» A corporation is a legal entity that is separate and distinct from its owners. Corporations enjoy most of the rights and RESPONSIBILITIES that an individual possesses; that is, a corporation has the right to enter into contracts, loan and borrow money, sue and be SUED, HIRE EMPLOYEES, own ASSETS and pay taxes. A corporation is a legal entity that is separate and distinct from its owners. Corporations enjoy most of the rights and responsibilities that an individual possesses; that is, a corporation has the right to enter into contracts, loan and borrow money, sue and be sued, hire employees, own assets and pay taxes. |
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