Question

Types of companies are ______.

Options

• Registered Companies

• Chartered Companies

• Statutory Companies

• All of these

Answer 1

Types of companies are registered companies, chartered companies and statutory companies.

Explanation:

The types of companies include registered companies, which are incorporated under the Companies Act; chartered companies, which are formed by a royal charter or special act; and statutory companies, which are established by an act of parliament or state legislature for specific public objectives.