Questions
Single choice
Which of the following is not characteristic of a company?
Options
A.Companies are organised as a separate legal taxable entity
B.A company’s resources are limited to their individual shareholders’ resources
C.Companies are usually able to obtaining large amounts of resources by issuing share
D.Ownership is divided into share
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Step-by-Step Analysis
The question asks which statement is not a characteristic of a company, so we will evaluate each option on that basis.
Option 1: 'Companies are organised as a separate legal taxable entity' This is a typical characteristic of many corporate structures: a company is treated as a distinct legal person f......Login to view full explanationLog in for full answers
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