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Can a company buy and sell properties, enter contracts, sue and can be sued in its own name? Why? - Business Studies

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प्रश्न

Can a company buy and sell properties, enter contracts, sue and can be sued in its own name? Why?

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उत्तर

Yes, because the company exists as a separate entity from its members.

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पाठ 17: Various Business Entities - EXERCISES [पृष्ठ २५५]

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गोयल ब्रदर्स प्रकाशन Business Studies [English] Class 12 ISC
पाठ 17 Various Business Entities
EXERCISES | Q I. C. 16. | पृष्ठ २५५
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