Question

what do you mean by company? what are its features?​

Answer 1

Answer:

mark it as brainliest

Explanation:

company is referred to as an association of people who contribute money or money's worth to a common fund and use it for a purpose. It is an artificial person that exists as a corporate legal entity which is different from its core members or shareholders and has a common authentication utilised for its signature.

Answer 2

Answer:

A company is referred to as an association of people who contribute money or money’s worth to a common fund and use it for a purpose. It is an artificial person that exists as a corporate legal entity which is different from its core members or shareholders and has a common authentication utilised for its signature. Hence, it has a few definite characteristic features which categorise it from the other types of an organisation.

Its features are :

1. Separate legal entity

2. Separate Propert

3. Limited Liability

4. Perpetual Succession

5. Common Seal

6 Right to Sue