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  2. A company is a legal entity formed by a group of individuals to engage in and operate a business enterprise in a commercial or industrial capacity. A company's business line depends on its structure, which can range from a partnership to a proprietorship, or even a corporation.
    www.investopedia.com/terms/c/company.asp
    In general, a company is an artificial person, created by law that has a separate legal entity, perpetual succession, and common seal and has limited liability. It is a voluntary association of person who together contributes in the capital of the company to do business.
    byjus.com/question-answer/what-is-meant-by-the-…

    Nature and Characteristics of a Company

    • 1. Voluntary association. A company is a voluntary association formed by an individual or group of individuals. ...
    www.writinglaw.com/characteristics-of-company/
    Nature and Characteristics of a Company: Since a corporate entity (i.e., a company) is a legal construct, it is an abstract juridical being (i.e. one established by law); it is clothed with certain privileges, responsibilities, powers, and duties specified by law; and it is referred to as an “individual.”
    lawtimesjournal.in/meaning-and-nature-of-compan…
     
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  5. WEBLearn what a company is, its features, benefits and drawbacks from this web page. A company is an artificial person, a separate legal entity,

    • Estimated Reading Time: 7 mins
    • WEBFeb 25, 2024 · A company is a legal entity formed by a group of individuals to engage in and operate a business enterprise in a commercial or industrial capacity. A...

    • WEBA company is a legal entity formed by people to achieve a common objective. It can be classified based on liabilities, members, control, and taxes. Learn the key features and examples of different types of …

    • WEBCharacteristics of a Company. Membership: To form a private company, minimum two members are required, whereas a public company can be formed if there are at least seven members.

    • WEBFeb 29, 2024 · A business is defined as an organization or enterprising entity engaged in commercial, industrial, or professional activities. Businesses can be for-profit entities or non-profit organizations....

    • WEBApr 21, 2024 · A corporation is a legal entity that is separate and distinct from its owners. Under the law, corporations possess many of the same rights and responsibilities as individuals....

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    • What is meant by the word ‘Company’? Describe its characteristics.