Question

multiple choice the legal form of business ownership that is also known as a separate entity is called a ____. corporation limited liability company sole proprietorship partnership

Explanation:

A corporation is a legal form of business ownership that is considered a separate legal entity from its owners. It can enter into contracts, sue and be sued, and conduct business in its own name. Limited - liability companies also have some separate - entity characteristics but the term 'separate entity' is more commonly associated with corporations. Sole proprietorships and partnerships are not separate entities from their owners in the same legal sense.

Answer:

A. corporation