asked 28.4k views
4 votes
The concept of an "artificial being: refers to which form of business organization?

a) partnership
b) sole proprietorship
c) corporation
d) limited partnership

asked
User Pheonix
by
8.3k points

1 Answer

3 votes

Answer:

Artificial Being refers to corporation form of business

Step-by-step explanation:

From the list of given options, the option that answers the question is Corporation.

This is so because when group of people (called owners) form a corporation, they form a body and this body as a whole is given the legal status which is given to the owners.

In other words, the body which actually does not exist physically can act and take decisions on behalf of the owners in taking responsibilities.

So because of the inexistence, the corporation is referred to as an artificial being.

Hence, option c answers the question.

answered
User PeterL
by
9.0k points
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