What makes a company, a company?

The general characteristics of a company are:

  • it is a corporate body created by law
  • it has all the powers of an individual and a corporation
  • it can sue and be sued in its own right
  • it has officeholders (director(s), secretary(ies))
  • it has a registered office
  • it has member(s)
  • it has perpetual succession (i.e. it continues even if its members die or resign).
2018-05-22T09:07:40+00:00

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