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corporations possess many of the same legal rights and responsibilities as individuals. limited liability of a corporation means that its shareholders are not personally responsible for the company's debts. a corporation may be created by an individual or a group of people.
corporations possess many of the same legal rights and responsibilities as individuals. limited liability of a corporation means that its shareholders are not personally responsible for the company's debts. a corporation may be created by an individual or a group of people.
Last Update: 2023-10-17
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