10 S Answer Lype Explain any six characteristics of a company.?
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Deals in Goods and Services
Sale or Exchange of goods and services
Regular Exchange of goods and services
Requires investment
Aims at earning profit
Involves Risk and un Uncertainty of income
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Characteristics of a Company: 6 Features. A company is a voluntary association of persons, recognised by law, having a distinctive name, a common seal, formed to carry on business for profit, with capital divisible into transferable shares, limited liability, a corporate body and perpetual succession.
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