nature?

[bread]

Coporations differ from other forms of business principally in the nature of ownership and management.

I don't get what "in the nature of ..." means.
Could anyone please give me a hand?

Thanks!!

 

[Casiopea]

Corporations differ from other forms of business principally in the nature of ownership and management.

I don't get what "in the nature of ..." means.
Could anyone please give me a hand?

Thanks!!

Corporations differ in the essential qualities or character of ownership and management. (i.e, in how or in the way corporations are owned and managed.)

 

[MikeNewYork]

Coporations differ from other forms of business principally in the nature of ownership and management.

I don't get what "in the nature of ..." means.
Could anyone please give me a hand?

Thanks!!

"Nature" refers to what is ingrained and unchangeable. :wink: