what do you mean by company? what are its features?
Answers
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:
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