Business Studies, asked by Chamandhakad9808, 5 months ago

why company is called an artificial person

Answers

Answered by itsheartlessgirl25

16

Answer:

The incorporation of a company is an artificial entity recognized by the law as a legal person that exists independently with rights and liability. This means that a company is treated as a separate person from its participants. It is owned by at least one shareholder and managed by at least one director.

Answered by nalvarez

1

Answer:

Explanation: The incorporation of a company is an artificial entity recognized by the law as a legal person that exists independently with rights and liability. This means that a company is treated as a separate person from its participants. It is owned by at least one shareholder and managed by at least one director.

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