Answer:
The correct answer to the following question will be "The corporation".
Step-by-step explanation:
The term corporation originated from either the word corpus (Latin word) for the entity which represents a group of persons permitted to function as just an individual. It's a separate legal entity and is different from its members. By the twelfth and thirteenth centuries, this idea viewed a single group of individuals as a body that had emerged in Europe.
Corporations retain the bulk of corporations rights and privileges:
- They may enter into contracts.
- Lend and take out loans.
- Prosecute and sue.
- Pay taxes.
- Hire new employees and staff.
Therefore, it's the right answer.