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B
Carrying on an enterprise together
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C
Both (A) and (B)
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D
None of the above
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Solution
The correct option is C Both (A) and (B) The word "company" is derived from the Latin word 'COM' meaning together and 'Panis' which means bread.
In the past, merchants used to gather together and held meetings on fests. Hence, this Latin word represents company as earning bread together and carrying on an enterprise together.