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What is the major difference between corporations and other kinds of businesses?

User Jacklin
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What is the major difference between a corporation and other kinds of businesses? A corporation is a separate entity apart from that of the owners. A corporation is not responsible for its debts if it fails. A corporation is much larger than other kinds of businesses.
User Anis
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Answer:

A corporation has a separate legal entity apart from that of the owners and workers.

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User NatKSS
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