Question

what is meant by a company?what forms a company can take​

Answer 1

Explanation:

• A company is a legal entity formed by a group of individuals to engage in and operate a business—commercial or industrial—enterprise. ... The line of business the company is in will generally determine which business structure it chooses such as a partnership, proprietorship, or corporation.

• An overview of the four basic legal forms of company..Sole Proprietorship; Partnerships; Corporations and Limited Liability Company follows.