Business Studies, asked by vamvamtut1280, 5 months ago

Limitations of statutory corporation

Answers

Answered by Anonymous
12

Answer:

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Explanation:

(1) Difficult Formation: It is very difficult to form statutory corporations because it requires lengthy documentation, complicated formalities & passing of statue.

(2) Rigidity: The policies once approved, the statue once passed cannot be changed easily

Answered by adrikakashyap
2

Answer:

(1) Difficult Formation: It is very difficult to form statutory corporations because it requires lengthy documentation, complicated formalities & passing of statue.

(2) Rigidity: The policies once approved, the statue once passed cannot be changed easily.

Explanation:

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