For a business to be considered a corporation:
A)its stock must be sold in very large amounts.
B)it must be organized as a separate legal entity.
C)it must issue both common and preferred stock.
D)it must pay dividends.

Question

Quizplus · Accepted Answer

The law recognizes a corporation as a separate legal entity.Its stock can be purchased in large or small amounts,it only has to issue one type of stock,and it may or may not pay dividends.

For a Business to Be Considered a Corporation