McDonald's is a corporation, honey. It's a big ol' company with shareholders and a board of directors calling the shots. So, if you're loving those fries and shakes, just remember you're supporting a corporate giant.
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McDonald's operates as a corporation, specifically a multinational corporation. As a corporation, McDonald's is a separate legal entity from its owners, providing limited liability for shareholders. This structure allows the company to raise capital through the sale of stocks and bonds, and it also offers advantages in terms of taxation and longevity.
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