What is a corporation?
Please select an answer first.
Correct answer: A
The correct answer is A legal organization that can own property, enter contracts, and continue independently of its owners.
- Identify the industrial change: Determine which technology, business practice, labor condition, or reform is being described.
- Connect cause and effect: Corporate structure allowed investors to pool capital while limiting some personal financial risk and creating enduring business entities.
- Check the historical period: The correct answer is A legal organization that can own property, enter contracts, and continue independently of its owners.
Corporate structure allowed investors to pool capital while limiting some personal financial risk and creating enduring business entities.
