A. A business that has fewer than 500 employees and that is taxed at
a lower rate.
B. A business owned and operated by one person and the most
common form of business ownership.
C. A company with an idea for a business that sells the rights to use
its brand name and product.
D. A legal entity distinct from its owners or shareholders.
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Home » Business » What is a corporation? A. A business that has fewer than 500 employees and that is taxed at a lower rate. B. A business owned and operated by one person and the most common form of business ownership. C.