A corporation is viewed as being capable of remedying many of the shortcomings found in the sole proprietorship or partnership business forms.Which of the following would a business law professor most likely indicate as the source of this capability?

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A corporation is considered a separate legal entity, meaning that it is distinct from its owners/shareholders. This separation allows the corporation to enter into contracts, own property, and engage in legal proceedings on its own behalf, rather than relying on the personal assets of its owners. This limits the personal liability and risk of the shareholders, making it a more secure option for investment and business operations.

A Corporation Is Viewed as Being Capable of Remedying Many