Modern commerce continues to favour the corporation as a business vehicle because of its recognition as a separate legal entity.

Name: Modern commerce continues to favour the corporation as a business vehicle because of its recognition as a separate legal entity.
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Question

Quizplus · Accepted Answer

The separate legal entity status of corporations provides benefits such as limited liability protection and perpetual existence, making it a preferred business vehicle in modern commerce.

Modern Commerce Continues to Favour the Corporation as a Business