Fill in the blanks and rewrite the sentence:
The organisation which enjoys a separate legal status is a ___________.

Joint Stock Company

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Non-profit organisation

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Co-operative organisation

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Government organisation

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Solution

The correct option is D Joint Stock Company
A joint stock company has an independent status i.e. it has a separate legal entity from its members. It has an independent existence in the eyes of law and can also purchase and sell property in its own name.

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