Question

characteristics of corporation​

Answer 1

Answer:

Therefore, a corporation is fully enabled by the law to carry on its business in its own name, to own property, to enter into some business or professional contracts with other people of entities, borrow money from other companies or firms, pay all mandatory taxes, and to sue or be sued.

Answer 2

Therefore, a corporation is fully enabled by the law to carry on its business in its own name, to own property, to enter into some business or professional contracts with other people of entities, borrow money from other companies or firms, pay all mandatory taxes, and to sue or be sued.