WHAT IS CORPORATION IN business
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A form of business operation that declares the business as a separate, legal entity guided by a group of officers known as the board of directors. A corporate structure is perhaps the most advantageous way to start a business because the corporation exists as a separate entity.
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A corporation is a business entity that is owned by its shareholder(s), who elect a board of directors to oversee the organization's activities. ... Corporations can be for-profit, as businesses are, or not-for-profit, as charitable organizations typically are.
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