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Firms are complex entities that play a pivotal role in the modern economic situation, affecting markets, employment, and economic situations at huge. Essentially, a corporation is a lawful entity that is separate from its proprietors, with the ability of rights and responsibilities as if it were a person. This framework enables companies to own home, go into agreements, and take legal action against or be sued independently of individuals who have them or help them. The concept of a firm has advanced over centuries, originally developed to sati