The American corporation of today is only an economic unit.If its false can someone explain why it's false?. Created by Nacho Muchacha. education-reference-en - homework-help-en

True or False Question?

Nacho Muchacha @Nacho Muchacha

May 2021 1 120 Report

True or False Question?

The American corporation of today is only an economic unit.

If its false can someone explain why it's false?

Education & Reference / Homework Help

Answers & Comments

theroamingknome

Verified answer

Well, I would say false, because a corporation is a legal status.as well as an economic unit. Corps, Inc or LLC...are all about limiting liability for the owners. That way only the corp's assets can be attached in a judgment

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