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Explain why only the largest and most trustworthy corporations issue the financial instruments known as commercial paper?
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Corporations are legal entities owned by shareholders, capable of entering into contracts, owning assets, and being held liable for debts, formed to engage in business activities.
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An official form of business where management tasks and earnings are divided among two or more participants.
Legal Partnership
A formal arrangement by two or more parties to manage and operate a business and share its profits, which can have various forms such as general, limited, and limited liability partnerships.
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