Describe the Array of Advantages of a Corporation

question 141

Essay

Describe the array of advantages of a corporation.

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Definitions:

Buyers

Individuals or entities that purchase goods or services in the market.

Sellers

Individuals or entities that offer goods or services for sale to consumers or other businesses.

Inefficently

Operating in a manner that does not maximize productivity or use resources in the best possible manner.

Taxes

Imperative monetary contributions or distinct types of taxation demanded from a taxpayer by a public authority to cover the costs of governmental functions and diverse public financial needs.