Business Studies, asked by Nishantanchan6377, 1 year ago

Explain statutory corporation its merits and demerits

Answers

Answered by hinaguptagracy
3

Explanation:

Merits of Statutory Corporations The main advantages of the statutory corporation are: Initiative & flexibility: Operations & management of a statutory corporation is done independently, without any government's interference, with itsown initiative & flexibility. 

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