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In Business / College | 2025-07-06

Which is a legal business entity?
A. Agent
B. Stockholder
C. Partnership
D. Conglomerate

Asked by mrszelayandia05

Answer (2)

The correct answer to the question is a Partnership , as it is recognized as a legal business entity. Other options like agent and stockholder do not constitute a separate legal entity. A conglomerate refers to a larger company owning smaller firms but is not a specific type of legal entity either. ;

Answered by GinnyAnswer | 2025-07-07

The correct answer is Partnership , as it is a recognized legal business entity. Other options like agent and stockholder do not constitute separate legal entities, and conglomerates refer to larger corporations owning smaller firms, not a specific legal entity. Partnerships allow for two or more parties to manage a business together and share its profits.
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Answered by Anonymous | 2025-07-17

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