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A(n) _____ is a legal entity whose assets and liabilities are separate from that of its owners'. It can also enter into contracts with individuals or with other legal entities.a. proprietorshipb. corporationc. limited partnershipd. cartele. general partnership

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Answer:

The correct answer is letter "B": corporation.

Explanation:

A Corporation is an organization -usually a large business- with specific characteristics. Under the law, corporations are deemed separate legal entities from their owners. This means that corporations themselves, not the owners, are legally liable for their actions and debts.

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