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Select the correct option and rewrite the sentence: A government company is a __________ entity separate from the government. - Organisation of Commerce and Management

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Question

A government company is a ______ entity separate from the government.

Options

  • Natural

  • legal

  • human

MCQ
Fill in the Blanks
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Solution

A government company is a legal entity separate from the government.

Explanation:

A government company has its own legal identity, separate from the government that owns it. It can enter into contracts, own property, and sue or be sued in its own name, just like any other company.

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Chapter 5: Forms of Business Organisation - II - EXERCISE [Page 113]

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Balbharati Organisation of Commerce and Management (OCM) [English] Standard 11 Maharashtra State Board
Chapter 5 Forms of Business Organisation - II
EXERCISE | Q 1. A) 7) | Page 113
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