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Question
___________ is an artificial legal person.
___________ is an artificial legal person.
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Solution
The correct option is A Company
A Company is an artificial legal person because it comes into existence through the operation of law. It is a legal person as it exists in the eyes of the law and a number of things can be done by a company for example it can enter into a contract, it can purchase and sell assets, it can be fined, etc.Thus the correct answer is B.
A Company is an artificial legal person because it comes into existence through the operation of law. It is a legal person as it exists in the eyes of the law and a number of things can be done by a company for example it can enter into a contract, it can purchase and sell assets, it can be fined, etc.
Thus the correct answer is B.
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