Which term identifies a type of business that can have many owners? A. interchangeable parts B. patent C. corporation D. free enterprise

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asked Feb 16, 2023 78.2k views

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Vivek Kushwaha · Answer 1 · 2023-02-20T12:12:42+0000

Answer:

Corporation

Step-by-step explanation:

The owners in a corporation are referred to as shareholders; if operating as a C corporation, there can be an unlimited amount of owners. However, if operating an S corporation, which is a subset of a C corporation, then there can only be a maximum of 100 owners.

Which term identifies a type of business that can have many owners? A. interchangeable parts B. patent C. corporation D. free enterprise

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