Corporations Q Legally separate and financially separate from the owners Q Ownership in a corporation is divided into units called shares of capital stock Q Owners are called shareholders or stockholders Q Corporations are separate legal entities Task Team of FUndaMientalactoUntING Business Sehool. Sun Yatsen niversity9 Corporations ⧫Legally separate and financially separate from the owners ⧫Ownership in a corporation is divided into units called shares of capital stock ⧫Owners are called shareholders or stockholders ⧫Corporations are separate legal entities