Question

why a company is an association of persons​

Answer 1

Because the number of people involved in this business activity is more than in other forms of business so it can also be called an association of persons.

PLEASE MARK THE BRAINLIEST ANSWER AND FOLLOW MY ACCOUNT TOO....

Answer 2

Answer:

The Indian Income Tax Act, 1961, defines AOP (Association of Persons) as an integration of persons for a mutual benefit or a common purpose. They may be individual or artificial persons such as LLP or a company. For example, two companies may join together and form an AOP for the achievement of a common objective.

Explanation: