History, asked by diyathapa96, 10 months ago

1. Explain
joint stock company.
2. What do you understand by separate legal existence of a company?​

Answers

Answered by Anonymous
2

Answer:

If a business is a separate legal entity, it means it has some of the same rights in law as a person. It is, for example, able to enter contracts, sue and be sued, and own property. Sole traders and partnerships are not separate legal entities from the owners

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