Question

1. A company has
(al Limited liability
(b) Perpetual Existence
C) Separate Legal Entity
D) All of the above​

Answer 1

Answer:

D

Explanation:

may be it's (d)

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Answer 2

Answer:

A company has option D) All of the above

Explanation:

• A company is said to have all the characteristics - Limited liability, Perpetual Existence, and Separated Legal Entity.
• Limited liability means the liability of the employees of the company is limited to only the unpaid amount of their capital. This means that they do not need to bring their personal properties in case the company is unable to pay the liabilities.
• Perpetual Existence means that the company will exist even if the shareholders, directors or any employee of the company leave or join. The company will run no matter who leaves or join the company.
• Separated Legal Entity means that the company has its own separate entity from the members and the employees. A company can sue anyone or can be sued in its name. It can also sign the document under its name. It has its own existence.