Question

Explain company .....

long about 150 words.......​

Answer 1

Meaning of company..........

A company is an association of person formed for carrying out business activities and has a legal status independent of its members. It donates a group of individuals who are associated for any lawful common object.The capital of a company is divided into smaller units called as share and the holders is known as share holder.The liability of members are unlimited.

IN THE OTHER WORD::::

A companies a voluntary organisation of many persons who contributed money or money worth to a common stock and employ it in some trade or business and who shared the profit aur loss arising therefrom.

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