Question

What is a corporation?

a business owned by a group of family members who share in the profits and losses


a company that cannot be taxed by the federal government


a business owned by a group of investors who share in the profits and losses


a state-owned company

Answer 1

Answer: C. A business owned by a group of investors who share in the profits and losses

Explanation: I just took the test. Hope this helps!

Answer 2

c) a business owner by a group of investors who share in the profits and losses.