A ________ is a business enterprise that is owned by stockholders,most of whom are not involved in running the daily affairs of the business.

Question

Quizplus · Accepted Answer

A corporation is a type of business organization where ownership is divided into shares of stock. The shareholders provide the capital and share in the profits, but they are not involved in the daily management of the company. Instead, a board of directors and management team are responsible for running the corporation.

A ________ Is a Business Enterprise That Is Owned by Stockholders,most