Asked by Why
What is a corporation?
Responses
a business owned by a group of family members who share in the profits and losses
a business owned by a group of family members who share in the profits and losses
a state-owned company
a state-owned company
a company that cannot be taxed by the federal government
a company that cannot be taxed by the federal government
a business owned by a group of investors who share in the profits and losses
All Answers 1
Answered by
GPT-5 mini
AI
a business owned by a group of investors who share in the profits and losses
(Technically, a corporation is a separate legal entity owned by shareholders — investors who share in profits via dividends and capital gains, typically with limited liability.)
(Technically, a corporation is a separate legal entity owned by shareholders — investors who share in profits via dividends and capital gains, typically with limited liability.)
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.