Question

Explain three features of a company

Answer 1

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Explain three features of a company

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A company comes into operation after its registration under Companies Act. Without such registration no company can come into existence. Separate legal entity – A company has a separate legal entity and is not affected by changes in its membership.

Following are the broad features of a company:

•Incorporated Association: ...

•Independent Legal Entity: ...

•Separate Property: ...

•Perpetual Existence: ...

•Common Seal: ...

•Separation of Ownership and •Management: ...

•Limited Liability: ...

•Transferability of Shares:

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Answer 2

}QUESTION

Explain three features of a company

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A company comes into operation after its registration under Companies Act. Without such registration no company can come into existence. Separate legal entity – A company has a separate legal entity and is not affected by changes in its membership.

Following are the broad features of a company:

•Incorporated Association: ...

•Independent Legal Entity: ...

•Separate Property: ...

•Perpetual Existence: ...

•Common Seal: ...

•Separation of Ownership and •Management: ...

•Limited Liability: ...

•Transferability of Shares:

Hope it helps u

Mark me as brainliest