Much of the world's production of goods and services is undertaken by corporations, which are entities legally distinct from their members:
A)This depends on how this production is measured
B)This is true if we except the Roman Catholic church and national armies
C)This is not true
D)This is true

Question

Quizplus · Accepted Answer

Corporations are legal entities that are separate from their owners. This means that corporations can enter into contracts, own assets, sue and be sued, and conduct business as a separate entity. Therefore, much of the world's production of goods and services is undertaken by these corporations, which are legally distinct from their members.

Much of the World's Production of Goods and Services Is