Question

The property of a company belongs to
(A) its directors

(B)its shareholders
(C)its promoters
(D) the company itself
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Answer 1

Answer:

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Explanation:

A company is a legal person and is different from its members. The property of the company belongs to the company alone and the members can not claim individually or jointly ownership rights in the assets of the company during its existence or in its winding up.

Answer 2

Answer:

Option (d) The company itself.