Question

ᴡʜᴀᴛ ɪs ᴄᴏʀᴘᴏʀᴀᴛɪᴏɴ...?

ᴅᴏɴᴛ sᴘᴀᴍ⚠️​

Answer 1

Answer:

A corporation is an organization—usually a group of people or a company—authorized by the state to act as a single entity and recognized as such in law for certain purposes. Early incorporated entities were established by charter. Most jurisdictions now allow the creation of new corporations through registration.

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Answer 2

Answer:

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Explanation:

• A corporation, sometimes called a C corp, is a legal entity that's separate from its owners. Corporations can make a profit, be taxed, and can be held legally liable. Corporations offer the strongest protection to its owners from personal liability, but the cost to form a corporation is higher than other structures.