Practicing Success

Target Exam

CUET

Subject

Accountancy

Chapter

Accounting for Shares

Question:
Which among the following is feature of Company?
Options:
A separate Legal Entity
Perpetual Existence
Limited Liability
All of the above
Correct Answer:
All of the above
Explanation:
List of Feature of Company as per Indian Companies Act 1956
Incorporated Association.
Separate Legal Entity.
Limited Liability.
Transferability of Shares.
Perpetual Existence.
Common Seal