Which of the following can be classified as an artificial person that can legally engage in almost any business activity a natural person can, including owning property, entering into binding contracts, and initiating legal actions?
A) enterprise
B) sole proprietorship
C) corporation
D) partnership

Question

Quizplus · Accepted Answer

A corporation is an legal entity that can engage in almost any business activity a natural person can, including owning property, entering into binding contracts, and initiating legal actions. It is considered an artificial person under the law.

Which of the Following Can Be Classified as an Artificial