Question

Write the features of market company?​

Answer 1

Answer:

1. A Legal Entity. A company is considered as an individual who separates it from the people who made the company.
2. Incorporated association. A company becomes a legal entity when it is registered under the Companies Act.
3. Voluntary Participation. A company is established by the voluntary participation of all the members of a company.
4. Everlasting existence. A company has a legal identity separate from its shareholders, owners, directors, and employees.

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