Which of the following entities is a company?

Question

BlackTom AI · Accepted Answer

Question: Which of the following entities is a company?

Option a: 'Belina and Chin contributes capital and shares profit equally in their business' — This describes a partnership or a similar collaborative arrangement, not necessarily a company. It emphasizes shared capital and profits but does not indicate a formal company structure or incorporation.

Option b: 'Ali saved his money and opened a mini market on his own' — This depicts a sole proprietorship, where a single individual owns and runs the business. A sole proprietorship is not a company in the corporate sense.

Option c: 'Dali opens an accounting firm with her best friend' — This describes a partnership (likely a general or professional partnership) where two or more individuals collaborate, but it is not inherently a company. Some partnerships operate like firms, but they are not typically referred to as 'companies' unless incorporated.

Option d: 'Ethani and Fara are directors of their import-export business' — This statement uses the term directors, which is characteristic of a company or corporation structure where individuals hold director roles. The explicit mention of directors aligns with a company-type entity rather than a sole proprietorship or partnership.

In summary, options a, b, and c describe non-corporate business forms (partnerships or sole proprietorships), while option d mentions directors in a context that fits a company or corporate structure. Therefore, option d is the most consistent with a company-type entity.

Business Law (BM018-3-1-BLW-25-RESIT)

Which of the following entities is a company?

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