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Joseph Franco
History
4 September, 15:40
The main advantage that corporations have is.
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Raquel Downs
4 September, 15:43
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Answer: Limiting liability for owners and stockholders.
Explanation: Corporation is a way of referring to large companies or even organizations seen as mechanized with a greater focus on profit and less or nonexistent to people. A group of people who act as if they were one body, one person, seeking to achieve common goals subject to the same rules.
In economic terms, corporation features a specific means of organizing production and making profits in order to maximize efficiency and minimize transaction costs.
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