Question

2.17 Operating a comapny as per the provisions of the companies Act is a type of -
(a) Legal Responsibility
(b) Ethical Responsibility
10) Economic Responsibility
(d) Discretionary Responsibility
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Answer 1

Answer:

A) legal responsibility

Explanation:

Types of company – Under The Companies Act 2013. The companies can be divided into different types based on parameters such as Size of company, a number of its members, Control of ownership, Liability to shareholders, need of capital from public & On the basis of the manner in which capital can be accessed.