PRESENTATION OUTLINE
An independent legal entity owned by shareholders
This means that the corporation itself, not the shareholders that own it, it is held legally liable for the actions and debts the business incurs
The stockholders appoint people on the board of directors who then elect Corporate Officers; ex. CEO,COO CFO... cont.
...Then those Corporate officers employ management teams and then they employ other employees under them
Popular corporations include, Dr. pepper, Coca-cola, Verizon, Apple etc..
