A corporation is a business that:

A. is set up and run by the government.
B. is controlled by people who buy stock.
C. is legally owned by only one person.
D. is run by a group of two or more owners.



Answer :

Final answer:

A corporation is a business structure owned by shareholders that have limited liability for the company's debt but share in its profits.


Explanation:

A corporation is a business that "incorporates" - owned by shareholders that have limited liability for the company's debt but share in its profits. Corporations may be private or public, and may raise funds through selling stock or issuing bonds.


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