Asked by Jessie Ernst on Jun 26, 2024
Verified
In the United States,corporations are legal entities.
Legal Entities
Organizations that have legal rights and obligations, including the ability to enter into contracts and own property, separate from their individual members.
- Comprehend the basic legal traits and authorities of corporations.
Verified Answer
RG
Riddhi Gohel
Jun 27, 2024
Final Answer :
True
Explanation :
In the United States,corporations are legal entities.In other words,corporations exist separately from their shareholders.Thus,corporations can sue or be sued by others.
Learning Objectives
- Comprehend the basic legal traits and authorities of corporations.