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Company Law: Key Characteristics Explained by Raees Jutt is a document available to read on EtoBox.

Company Law outlines the basic characteristics of a company. A company has legal personality separate from its owners and shareholders. It also has limited liability, meaning shareholders are only liable up to the amount they invested. A company has perpetual succession, meaning it continues to exist even as owners and shareholders change. It uses a common seal to stamp important documents. There are two types of companies - those formed by special acts of parliament and those formed by general acts, with t

Author
Raees Jutt
Language
EN