Explain the term company what are the characteristics of the company
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a company is a third legal business structure and has entirely a different organizational structure.
characteristics of company:
> separate legal entity
> limited liability
> transferability of shares
> ability to acquire a board capital base
> an artificial person created by law
> continuous existence
> common seal
characteristics of company:
> separate legal entity
> limited liability
> transferability of shares
> ability to acquire a board capital base
> an artificial person created by law
> continuous existence
> common seal
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