Question

Distinguish between corporate and non corporate organisation

Answer 1

A corporation is a separate legal entity from the shareholders who own the company. Non-corporation businesses such as a sole proprietorship or partnership include no legal separation from the owners of the business. It is easier to start a non-corporation because there are no fees to pay or papers to file to operate as a sole proprietor or a partnership. Corporations can be expensive to form depending on the state of incorporation and involve much more paperwork compared with non-corporations.

Answer 2

Corporate and non corporate organisation

Explanation:

• A corporation is a separate legal entity, a form of shareholders that own the company.  

• The non-corporations are the sole proprietorship or the partnerships and are not legally separated.

• Corporations are expensive as compared to the non corporations as they have a fee to pay.

• There s no or less paper works in the non-corporations.

• The structure of the corporation is made up of the directors, and members in a hierarchy. While the non-corporations don't shave such a structure.  

• The non-corporations have to rely on an investment to finance, the company's business activities.

Learn more about the corporate and non corporate organisation.

• brainly.in/question/5839987 answered by Ramtanu51.