Question 4 (5 points)

Which statement about a corporation is accurate?

A. A corporation is one of the easiest types of businesses to form.
B. A corporation doesn't have a size limitation.
C. A corporation ends when the owner of the corporation charter dies.
D. A corporation doesn't have a life separate from its owners.



Answer :

Final answer:

A corporation provides liability protection to owners and has perpetual existence.


Explanation:

A corporation is a business structure that provides protection from liability to individual owners, as the company is legally seen as its own entity. Unlike other business types, a corporation has the advantage of perpetual existence, meaning it can continue operating even if ownership changes.


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