7. choose the best answer.\n____ are actually their own legal entities formed as a business that can buy…

7. choose the best answer.\n____ are actually their own legal entities formed as a business that can buy assets, pay taxes, and even be sued.\nlimited liability companies\nsole proprietorships\npartnerships\ncorporations

7. choose the best answer.\n____ are actually their own legal entities formed as a business that can buy assets, pay taxes, and even be sued.\nlimited liability companies\nsole proprietorships\npartnerships\ncorporations

Answer

Brief Explanations:

Corporations are separate legal entities. They can conduct business - buy assets, pay taxes, and be sued in their own name. Limited - liability companies also have some similar characteristics but are different in structure and regulations. Sole proprietorships and partnerships are not separate legal entities from their owners.

Answer:

D. Corporations