The correct options are A, and C which best describe the characteristics of a corporation. Selling business stock allows for the large-scale raising of funds; *the corporation is legally treated as a separate tax entity.
A corporation's primary attributes are limited liability, shareholder ownership, Ease of capital acquisition, double taxation, an ongoing existence, and, in most circumstances, professional management.
Thus, The company is treated as a separate tax entity by law and It is possible to raise large amounts of capital by selling company stock that describes the primary attribute of the corporation.
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