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Form of business owned by many people and has its own identity?

A form of business owned by many people that has its own identity is a corporation. In a corporation, shareholders own the company through shares of stock, and it operates as a separate legal entity from its owners. This structure provides limited liability protection to shareholders, meaning they are not personally responsible for the corporation's debts. Corporations can raise capital more easily by issuing shares and often have a more formal management and governance structure.


Are shareholders of Asda internal or external?

Shareholders of Asda are considered external stakeholders, as they are individuals or entities that own shares in the company but are not involved in its day-to-day operations or management. They have a financial interest in the performance of the company but do not participate in its internal decision-making processes.


Who is owner of Nestle?

Nestle is actually a public traded company with shareholders. There is no one individual owner. Instead, thousands of people own a portion of the company.


Can a company shareholder sell his share of a company without the consent of the other shareholders?

A shareholder owns his or her shares. The shareholder needs no ones permission to sell what they own.


A business owned by many people but treated by law as one person?

A business owned by many people but treated by law as one person is typically a corporation. In this legal structure, the corporation itself is recognized as a separate entity from its owners (shareholders), allowing it to enter contracts, own property, and be liable for debts independently. This separation provides limited liability protection to shareholders, meaning they are not personally responsible for the corporation's debts beyond their investment. It also facilitates easier transfer of ownership through the sale of shares.