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A corporation is a legal entity that is created by government grant. Courts speak of the corporation as an artificial person with an existence separate from the persons who organize, own, and run it. However, a corporation is created by people and can do nothing without the aid of people who act for it.
Although corporations are far outnumbered by sole proprietorships and partnerships, corporations do most of the business in this country.
A corporation is not a legal entity.
A corporation can do everything even if people who act for it don’t aid it.
A corporation is created by the government.
Corporations do most of the business in many countries.