Accountancy, asked by aditigavas0711, 5 hours ago

Name the incorporated association which is an artificial person created by law having a common seal and perpetual succession​

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Answered by hemanginidodiya
0

Artificial person

A joint stock company is a creation of law and exists independent of its members. The joint stock company cannot breathe, eat, run, talk etc. like natural persons but it can own property, incur debt, borrow money etc. like natural person.

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