A Corporation Is Not an Entity That Is Separate from Its

question 8

True/False

A corporation is not an entity that is separate from its owners.

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Definitions:

Precedent

A tool used by judges to make rulings on cases on the basis of key similarities to previous cases.

Arbitration

A method of dispute resolution where an impartial third party (the arbitrator) makes a decision to resolve the issue, which is usually binding on the parties.

Law

A system of rules that are created and enforced through social or governmental institutions to regulate behavior.

Discrimination

Unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, or sex.