Question

Define the term Company.

Answer 1

Explanation:

A company is a legal entity formed by a group of individuals to engage in and operate a business—commercial or industrial—enterprise. ... The line of business the company is in will generally determine which business structure it chooses such as a partnership, proprietorship, or corporation

Answer 2

Explanation:

A company is any entity that engages in business. Companies can be structured in different ways. For example, your company can be a sole proprietorship, a partnership, or a corporation. Depending on which different type of company you're dealing with, it may be owned by one person or a group of people.