Home › CBSE Class 11 (Commerce) › Business Studies › Public, Private and Global Enterprises › Which feature allows a statutory corporation to …
Which feature allows a statutory corporation to sue and be sued in its own name?
AIt is a government department
BIt is a cooperative society
CIt is a sole proprietorship
DIt is a body corporate
Answer & Solution
Correct answer: D. It is a body corporate
Being a body corporate gives it a legal personality to contract, hold property and go to court.
Related questions
Where is the annual report of a government company presented?A statutory corporation combines which strengths?Besides businesses, which groups can be stakeholders in a PPP?The government's contribution to a PPP takes what form?What is the private sector's role in a PPP?Which of these can be a public partner in a PPP?PPP is a relationship between which parties?A joint venture must be based on what signed by both parties?