Neci and Olwen want to form and do business as a corporation-Pastries & Pies,Inc.A corporation is a legal entity created and recognized by

Question

Quizplus · Accepted Answer

A corporation is recognized as an artificial legal person created under and governed by state law. The state law provides the procedures for forming and organizing the corporation, and also, the legal structure that governs the corporation's operations and management. Therefore, choice D is the correct answer. Choices A, B, and C are incorrect because they do not accurately describe the nature and structure of a corporation.

Neci and Olwen Want to Form and Do Business as a Corporation-Pastries