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Corporation

usgb/ˌkɔːrpəˈreɪʃn/Volume
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Legal Personhood

A corporation is legally like a person; it can own property, sue, or be sued.

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XYZ Corporation owns several patents.
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Shareholders' Role

Corporations are owned by shareholders who invest money and have certain rights.

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She bought shares and became part of the corporation.
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Global Reach

Multinational corporations operate across different countries beyond their origin.

Illustration for Global Reach
The corporation has offices in ten countries.
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Compare with

BusinessCompanyConglomerateConsortiumEnterpriseFirmOrganizationPartnership
Visual representation of the word "Corporation"

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