Define company and explain its characteristics
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company is a group of people where they used to work as a team of the welfare of their family, life
mainly their aim is to gain more and more profit and shares
mainly their aim is to gain more and more profit and shares
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Explanation:
A company is an artificial person and has a legal entity quite distinct from its members. Being separate legal entity, it bears its own name and acts under a corporate name; it has a seal of its own; its assets are separate and distinct from those of its members.
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