Why is it possible for a corporation to enter into contracts, acquire assets, incur obligations, and enjoy protection against the seizure of its property?

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asked Aug 23, 2021 220k views

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Why is it possible for a corporation to enter into contracts, acquire assets, incur obligations, and enjoy protection against the seizure of its property?

Social Studies
high-school

Bibek Oli asked

by Bibek Oli

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Answer:

It is a legally defined, artificial entity that is separate from its owners.

Sefan answered Aug 29, 2021

by Sefan

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