The ________is the most common form of business organization which has all of the rights and responsibilities as that of an individual,while possessing limited liability to its owners.

Question

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A corporation is a legal entity that has the same rights and responsibilities as an individual, but limited liability for its owners or shareholders. This makes it the most common form of business organization for many reasons including tax benefits, easier access to funding, and legal protection for its owners.

The ________Is the Most Common Form of Business Organization Which