Topic: Public , Private and Global enterprises
Ques: A corporation established under a special law of parliament ________.
Answers
Answered by
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heya.
Corporations come in many different types but are usually divided by the law of the jurisdiction where they are chartered into two kinds:
by whether they can issue stock or not, or by whether they are formed to make a profit or not. Corporations can be divided by the number of owners: corporation aggregate or corporation sole. The subject of this article is a corporation aggregate. A corporation sole is a legal entity consisting of a single incorporated office, occupied by a single natural person.
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⚡A statutory corporation is a body corporate formed by a special act of parliament or by the central or state legislature.
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