Question

" Being a mere creation of law,
it possesses only those properties which the charter
of its creation confers upon it, either expressly or as
incidental to its very existence”.:
explain it​

Answer 1

Explanation:

According to Chief Justice Marshal, “a company is a person, artificial, invisible, intangible and existing only in the eyes of law. Being a mere creation of law, it possesses only those properties which the charter of its creation confers upon it, either expressly or as incidental to its very existence”.