A corporation acts under its own name and not the name of its stockholders.

Name: A corporation acts under its own name and not the name of its stockholders.
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Question

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A corporation is a separate legal entity from its stockholders or owners. It can enter into contracts, own property, and sue or be sued under its own name. This is one of the advantages of incorporating a business, as it provides liability protection for the owners.

A Corporation Acts Under Its Own Name and Not the Name