Business Studies, asked by Peekaachu7532, 1 year ago

Explain the meaning of Guarantee Company? State the similarities and dissimilarities between a ‘Guarantee Company’ and ‘Company Limited by Shares’.

Answers

Answered by Vaibhavverma73
2

Hey mate!

I am here with your answer!

A guarantee company is a type of corporation designed to protect members from liability. Guarantee companies often form when non-profit organizations wish to attain corporate status.

Hope this will help you!

Answered by pinkichodhry1909
0

Answer:

a guarantee company is a type of corporation designed to protect members from liabailty. guarantee companies often from non profit organization wish to attain corporation status.

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