Limitations of statutory corporation
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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
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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