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Business Studies

Features of Joint Stock Company

A word corpor...

Question

A word corporation is derived from latin term "corpus" which means: -

A

Body

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B

Legal Person

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C

Artificial Person

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D

None of the above

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Solution

The correct option is A Body
A company is also called a 'corporate'. The Latin word 'corpus' means 'body' in English.
A corporation is thus a 'legal person' created other than the natural birth.

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