ENTREPRENEURSHIP

Detailed explanation-1: -A corporation is a company or group of people authorized to act as a single entity (legal person) and recognized as such in law. Commercial corporations can take many forms, including statutory corporations, corporations sole, joint-stock companies, cooperatives and others.

Detailed explanation-2: -A corporation is a legal entity separate from its owners, made up of individuals, groups, or other corporations, that has the power to conduct business and to own property, assets, and liabilities.

Detailed explanation-3: -A company is a legal entity formed by a group of individuals to engage in and operate a business-commercial or industrial-enterprise. A company may be organized in various ways for tax and financial liability purposes depending on the corporate law of its jurisdiction.

Detailed explanation-4: -A company is a body corporate or an incorporated business organisation registered under the companies act. It can be a limited or an unlimited company, private or a public company, company limited by guarantee or a company having a share capital, or a community interest company.