Why company form of organization is relatively popular form of business ownership? Explain in detail.
Answers
Answered by
4
Company form of organisation is relatively popular because the single owner system is not present i.e all the directors together put all their sources for the formation and it very easy to form such an organisation. it has a separate entity with a perpetual existence & it is an artificial company created by the law. Transfer of shares also takes place & the company also has common seal in place of signature. there is also a Democratic setup
Similar questions