Business Studies, asked by renukaapms9134, 1 year ago

An association of persons formed for carrying out business activities and has a legal status independent of its members is known as:
a) Joint Hindu Family b) Partnership
c) Consumer Cooperative society d) Company

Answers

Answered by dualadmire

Answer:

The correct answer to the given question is option (d) Company

Explanation:

Company is a defined under section 2 of the Companies Act 2013, that a company is any company formed under the Companies Act 2013 or any other previous Companies Act.

Company is a separate legal entity than its members and enjoys all the facilities, which a member of a company or a normal person enjoys. A company is regarded as an artificial person.

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