An organization owned by many people is typically called a cooperative or co-op. In a cooperative, members share ownership and decision-making responsibilities, often working together to achieve common goals or benefits. Another term for such an organization is a corporation, which can be owned by shareholders who hold stock in the company.
A corporation..
A corporation is a business that is owned by many people but by law acts as a single entity, separate from its members.
Most corporations can be owned by any number of people. Ownership in a corporation is represented by shares of stock. Each "share" represents an equal portion of ownership, and can be owned by a single person, more than one partners, or even another corporation. A special kind of corporation, called a Subchapter-S Corporation, receives certain tax benefits but cannot have more than 75 individual owners at a time.
There are many examples of a chain store. A chain store is a store that is part of a group of the same stores owned and operated by one organization. For example: Walmart, Macys, McDonalds! Hope this answers your question!
A company owned by shareholders is typically referred to as a corporation. In this structure, individuals or entities invest in the company by purchasing shares, thereby becoming partial owners. Shareholders have the right to vote on key company decisions and receive dividends based on the company's profitability. This model allows for the pooling of resources and spreading of financial risk among many investors.
Corporation
a corporation
An organization owned by many people is typically referred to as a cooperative or a mutual organization. In such entities, ownership is shared among members who contribute to and benefit from the organization’s activities, often emphasizing democratic decision-making. Examples include credit unions, agricultural co-ops, and worker cooperatives, where profits and responsibilities are distributed among the members. This structure fosters collaboration and aligns the interests of the owners with the goals of the organization.
A plantation.
many white people owned plantations
A corporation..
50%
not a lot
A corporation is a business that is owned by many people but by law acts as a single entity, separate from its members.
a large Spanish colonial estate owned by a wealthy family but worked by many peasants called an hacienda
People who write in magazine are called authors, contributors or content writers. They go by many different terms depending on the organization they write for.
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