Business Studies, asked by bhavanasingh0304, 7 months ago

it can sue and sued enter into contracts and acquire property in its own name it refers to which features of the company​

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Answered by dineshkumarbehera
0

Answer:

Being an artificial person, a joint stockcompany has a personality and existence ofits own that is independent of its investors. This means that a joint stock company can own property, enter into contracts and conduct any lawful business in its “own”name. It can sue and can be sued by others in the court of law.

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