Question

    Which of the following is not a feature of a company?

    A Incorporated association Correct Answer Incorrect Answer
    B Artificial person created by law Correct Answer Incorrect Answer
    C Separate legal entity Correct Answer Incorrect Answer
    D Limited life span Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    A company is registered under Companies Act, 2013 Or registered under any other previous law (like Companies Act, 1956) Features: Incorporated association Which is an artificial person created by law Having a separate legal entity With perpetual succession and A common seal

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