what is a corporation?\na. a business that has fewer than 500 employees and that is taxed at a lower…

what is a corporation?\na. a business that has fewer than 500 employees and that is taxed at a lower rate.\nb. a company with an idea for a business that sells the rights to use its brand name and product.\nc. a legal entity distinct from its owners or shareholders.\nd. a business owned and operated by one person and the most common form of business ownership.