A Corporation Is a Legal Entity

question 25

Multiple Choice

A corporation is a legal entity

• A) held jointly by its owners and management.
• B) separate from its owners.
• C) formed by the laws of the U.S. Department of Commerce.
• D) under the laws established by the SEC.

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Definitions:

Corporate Stakeholders

Individuals or groups that have an interest or concern in a business's operations and outcomes, including employees, customers, investors, and suppliers.

Publicity Director

A professional in charge of managing media relations and orchestrating promotional activities to generate favorable public attention for their organization or client.

Humor

A quality of being amusing or comic, especially as expressed in literature or speech.

Informative Messages

Communications designed to convey knowledge and information to a receiver without an expectation of feedback.