The classification of a corporation depends on its

Name: The classification of a corporation depends on its
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The classification of a corporation can indeed depend on its purpose (e.g., non-profit vs. for-profit), ownership (e.g., publicly traded vs. privately held), and location (e.g., domestic vs. foreign in relation to the country of incorporation). Therefore, all of these factors are relevant in classifying a corporation.

The Classification of a Corporation Depends on Its