Question

8. Which type of entity (personality) does company have?​

Answer 1

Explanation:

Action mindset: Willingness to change directions.

Central vs. peripheral cues: Content vs. style.

Status quo bias: If it ain’t broke, don’t fix it.

Risk aversion: Better safe than sorry.

Answer 2

Answer:

In the principle of corporate personality , a company is classified as a separate person from its member. Therefore, company as a separate legal entity should have perpetual succession, proprietary interest, debts, limited liability and may sue and be sued in its own name.