Question

Plastic Money 1 Joint Stock Company B Act of 1932 2 Profit C Business 3 Debit / Credit Cards D Artificial Person 4 Retailer E Cheap Jacks 5 Partnership Firm​

Answer 1

The organisational structure in which there is separation of ownership and management is called a company. In a company, management and ownership lie in the hands of different individuals. A company is owned by its shareholders, while its management is handled by a group of elected persons known as the board of directors. The board of directors in turn appoints the top officials for managing the day-to-day operations of the business