what is company features and its advantages and disadvantage ?
Answers
Answered by
1
Advantages of a company include that: liability for shareholders is limited. it's easy to transfer ownership by selling shares to another party. shareholders (often family members) can be employed by the company.
Please mark me as brainlist.
Answered by
1
Answer:
company features- (a) limited liability (b) perpetual succession(c) legal separate entity (d)body corporate (e) common seal ( now it's optional) (f) artifical person
it's advantage is seprate from it's member and have limited liability of shareholder and a big level business but it's disadvantage is it is very critical to formed because of legal compliances
Similar questions