a business organization that is owned by many part 2 a. is a partnership. b. is a survivorship. c. is a corporation. d. is a proprietorship.

Respuesta :

C) A business organization that is owned by many is a corporation.

When a large number of people own an organization, what is it called?

A company that is made up of a number of distinct, independent businesses is called a conglomerate. In a conglomerate, a single company owns a controlling stake in a number of smaller businesses that each run their own businesses independently.

What exactly is a company with multiple owners?

A business that is owned jointly by two or more people is known as a partnership or general partnership.

A legal entity distinct from its owners is a corporation, also known as a C corp. Profitable corporation, are subject to taxation and legal liability. Although the cost of forming a corporation is higher than that of other structures, corporations provide their owners with the strongest protection against personal liability.

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