Question

Which of the following is not the feature of a company?

• A. Separate legal entry
• B. Perpetual existence
• C. Incorporated association
• D. No separation between management and ownership

Answer 1

The correct option is D No separation between management and ownership

A company has some features or characteristics. They are:-

1. separate legal entity.

2. perpetual existence

3. Incorporated association.

4.Common seal

5. Separation between management and ownership.