Describe any two
features of the company? short ans
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Answer:
Explanation:
Artificial Legal Person: A company is an artificial person created by law. ...
Separate Legal Entity: A company has a distinct entity separate from its members or shareholders. ...
Common Seal: ...
Perpetual Existence: ...
Limited Liability: ...
Transferability of Shares: ...
Separation of Ownership from Management: ...
Number of Members:
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Answer:
This is your answer
Explanation:
Separate Legal Entity: A company exists as a separate legal entity which is different from its shareholders and members. Due to this feature, shareholders can enter into a contract with the company and can also sue the company and be sued by the company. ... In simple words, a company is an artificial person.
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