Vidyalelo
Commerce · Q646

Legal Aspects of Business

Graduate and Post Graduate · Commerce · question 646

Q646

Which of the following statement is false?

A.
No legal formality is required to form a company
Answer
B.
The shareholders of a company have limited liability
C.
A company can own property in its own name
D.
A company is managed by the elected representatives of shareholders

Answer: Option A

Solution

Answer: Option A
No explanation is given for this question Let's Discuss on Board