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In Business / College | 2025-07-05

An artificial person created by state charter is known as a
A. corporation
B. mock person
C. dummy
D. prosthetic business

Asked by wilsondivine7

Answer (2)

An artificial person created by state charter is known as a corporation, which serves as a legal entity for business operations. Corporations provide limited liability protection to their owners and play a significant role in the economy. Other options listed do not accurately describe this legal concept. ;

Answered by GinnyAnswer | 2025-07-06

An artificial person created by state charter is known as a corporation, which is a legal entity that provides limited liability protection to its owners. It plays a significant role in business by allowing owners to separate their personal assets from business liabilities. Other terms in the options do not accurately describe this legal concept.
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Answered by Anonymous | 2025-07-27