Choice of the type of company to be formed depends on ________.

liability

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control

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Both A and B

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None of the above

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Solution

The correct option is C Both A and B
According to the provisions of the Indian Companies Act, 2013, there are certain conditions for the formation of the company. These include:
Liability of the members of the company.
Who has the control over the operations of the company.

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Choice of the type of company to be formed depends on ________.

The correct option is C Both A and BAccording to the provisions of the Indian Companies Act, 2013, there are certain conditions for the formation of the company. These include:Liability of the members of the company.Who has the control over the operations of the company.

The correct option is C Both A and B
According to the provisions of the Indian Companies Act, 2013, there are certain conditions for the formation of the company. These include:
Liability of the members of the company.
Who has the control over the operations of the company.