Corporation
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Description
A business created as a distinct legal entity composed of one or more individuals or entities, with ownership divided into transferable shares. Shareholders are not liable for debts of the corporation.
Concept Prerequisite
Wikipedia Reference
http://en.wikipedia.org/wiki/Corporation
Learning Material
Covered in Topic(s)
| Basic Financial Statements |
| Introduction to Corporate Finance |
| Stockholders Equity: Paid in Capital |