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The formation of a corporation is a way to circumvent personal liability True or False 1:31 True False
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Answer #1

True .

The main one of the feature of corporation is considered to be an entirely separate operating and legal entity. It operates separately from its owners, and has many of the rights and responsibilities of a person.

Hence the liability of person is different from entity . If company suffer's any loss the personal property of owner cannot get attracted .

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