Which form of business ownership is characterized by having shareholders?

Which form of business ownership is characterized by having shareholders?

Step 1: Understand what a corporation is. A corporation is a type of business that is legally separate from its owners.
Step 2: Learn about shareholders. Shareholders are people or entities that own shares (or stocks) in a corporation.
Step 3: Recognize that shareholders have ownership in the corporation based on the number of shares they own.
Step 4: Conclude that a corporation is the form of business ownership characterized by having shareholders.

No concepts available.