State a business formed to manufacture or supply product for a profit
corporation
A business owned by stockholders is known as a _corporation_.
Any business that is owned by its stockholders is said to be a corporation.
Public corporation
Corporation
A close corporation is owned by a relatively small number of stockholders. Also called a privately held company, stock is not offered for sale to the general public.
A business owned by stockholders is known as a _corporation_.
Any business that is owned by its stockholders is said to be a corporation.
A business that is owned by investors who are also known as stockholders, is a corporation.
Corporations are businesses owned by stockholders
A business organized as a separate legal entity owned by stockholders is a partnership.
Is owned by stockholders.
Public corporation
Closed Corporation
Corporation :)
false
Corporation
In the 1800s, it was a business owned by stockholders who share in its profits but are not personally responsible for its debts.