What is a "Corporation"?
Corporation Trivia
Flashcard
•
Business
•
9th - 12th Grade
•
Hard
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3 questions
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1.
FLASHCARD QUESTION
Front
Back
A company or group of people authorized to act as a single entity and recognized as such in law.
2.
FLASHCARD QUESTION
Front
True or False: Apple is considered a corporation
Back
True
3.
FLASHCARD QUESTION
Front
What is "Limited Liability"?
Back
Owners are NOT held personally responsible for the company's debts/liabilities
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