Answered

A group of people acting as a single person to operate a business, sharing in the profits and losses, is called a:

A. corporation
B. stockholder
C. capitalist



Answer :

GinnyAnswer

Final answer:

A corporation is a business owned by shareholders who share in profits and losses.


Explanation:

Corporation is a business owned by shareholders who have limited liability for the company's debt but share in profits and losses. Shareholders invest in corporations to become owners and may receive dividends and capital gains.


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