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What are the features of a corporation

User Yasir Ijaz
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2 Answers

2 votes

Step-by-step explanation:

Corporation Has Limited Liability. ...

Corporation is Owned by Shareholders. ...

Consider Double Taxation. ...

Corporations Have Their Own Lifespan.

User Sargun Dhillon
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5 votes

Answer:

  1. Liability restriction
  2. Shareholder

Step-by-step explanation:

The Chief Differentiating Factor of the Company is its "limited liability"

In particular, limited liability implies that an owner of the company's liability is limited to the amount of money invested by the company's founder.

An entrepreneur who buys a share in an organization becomes a” shareholder" in that corporation.

An investor may be a person, company holding inventory(s) of a particular company. To make the shareholder a partial owner, the shareholder must be invested in a stock or mutual fund. In typical cases where the firm does and succeeds, investors are dividends reported.

User Lantius
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