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Hard Rock Mining is a mineral mining company. The CEO of Hard Rock Mining died last month. The news led to a short-term decline in the company’s stock price, but the price bounced back after the company announced its increased quarterly earnings.This is an example of:

a) An LLp/LLC
b) a partnership
c) a corporation
d) a proprietorship

User Tuban
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1 Answer

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Answer:

c) a corporation

Step-by-step explanation:

A corporation is a distinct and separate legal entity from its holders.

Corporations possess the majority of individuals ' rights and responsibilities: they may enter into contracts, invest and borrow money, sue and prosecute, hire employees, own properties, and pay taxes.

Others call it a "legal individual."

User Macetw
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