Business Studies

Which of the following are the characteristics of a company? 


ANSWER

All of the above


SOLUTION
company as an entity has many distinct features that together make it a unique organization. The essential characteristics of a company are the following: Separate Legal Entity The company is distinct and different from its members in law. Thus, a company may be defined as An incorporated association which is an artificial -person created by law, having a separate entity, with perpetual succession, a common seal, capital divided into transferable shares, and carrying limited liability.
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