A corporation:

A) is legally separate from its owners.
B) is owned by stockholders.
C) has limited risk to stockholders.
D) All of the above

Corporation

A legal entity that is separate and distinct from its owners, offering limited liability and the ability to raise capital through stock.

Stockholders

Individuals or entities that own shares in a corporation, giving them ownership interest.

Limited Risk

Exposure to a relatively small possibility of loss or less severe consequences in an investment or business activity.