A(n) ________ is a fictitious legal entity that is created according to statutory requirements.

Name: A(n) ________ is a fictitious legal entity that is created according to statutory requirements.
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A corporation is a legally recognized entity that is created according to statutory requirements, usually to conduct business. It is treated as a separate entity from its owners and has the ability to enter into contracts, own assets, and incur debt. Cartels, outfits, and conferences are not legal entities.

A(n) ________ Is a Fictitious Legal Entity That Is Created