A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals.
Main Features:
- Artificial Legal Person: A company is an artificial person created by law. ...
- Separate Legal Entity: A company has a distinct entity separate from its members or shareholders.
- Common Seal.
- Perpetual Existence.
- Limited Liability.
- Transfer ability of Shares.
- Separation of Ownership from Management: ...
- Number of Members
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Thank you ma'am for explaining in such a simple way. 😊❤️
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