Question

What is a corporation?

A. It combines structural aspects of a LLC with those of a
partnership
B. It is owned by a group of individuals who are also users of the
business's services.
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C. It is owned and operated by one individual.
D. It exists as its own legal entity and is owned by shareholders.

Answer 1

The answer is D. It exists as its own legal entity and is owned by shareholders.

Step-by-step explanation:

That is how it runs.