A corporation must write goals that set out the purpose of the business and how it is to be governed
What Is a Corporation?
A corporation is a legal entity that is separate hence different from its owners. This implies that a corporation have all the qualities same as individuals.
A corporation as legal entity can sue and be sued. It is owned by its shareholders, who elect a board of directors and are responsible for the controlling of the organization.
Hence, a corporation must write goals that set out the purpose of the business and how it is to be governed.
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