A Company is a legal entity that allows its owners to conduct business under a separate legal identity, limiting their personal liability.
A company is incorporated (set up) by individuals, Who wish to limit their personal liability and separate and protect their personal assets in case of a lawsuit or claims against their business entity,
Who own the company per their individual share of the rights in the company (also known as shares) usually representing how much they invested in the said business,
Who then have a right in decision-making and in profit distribution.
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