A(n) _____ Is a Company That Provides the Software, Support

question 40

Short Answer

A(n) _____ is a company that provides the software, support, and computer hardware on which to run software from the user's facilities over a network.

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Definitions:

Corporate Veil

The Corporate Veil is a legal concept that separates the actions and liabilities of a corporation from those of its shareholders, directors, and officers, protecting personal assets from business debts and obligations.

Shareholders Owners

Individuals or entities that own shares in a corporation, giving them certain rights and a stake in the company's performance.

Dividends

Payments made by a corporation to its shareholders, usually as a distribution of profits.

Net Profits

The amount of income that remains after subtracting all expenses, taxes, and costs from total revenue.