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  3. Corporations A corporation is a kind of business organization with an unlimited lifetime. / Corporations can sell stock as a

Corporations A corporation is a kind of business organization with an unlimited lifetime. / Corporations can sell stock as a

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答案 Corporations A corporation is a kind of business organization with an unlimited lifetime. / Corporations can sell stock as a way to raise money. / Stock represents shares of ownership in a company. / Investors who buy stock can trade their shares / or keep them as long as the company is in business. / A company might use some of its earnings to pay dividends as a reward to shareholders. / Or it might reinvest the money into the business. / If shares lose value, investors can lose all of the money they paid for their stock. / But shareholders are not responsible for the debts of the corporation. / A corporation is a legal entity separate from its owners. /
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