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Home › CBSE Class 11 (Commerce) › Business Studies › Forms of Business Organisation › Why is a company called an artificial person?

Why is a company called an artificial person?

AIt has no real owners
BIt is run by robots only
CIt cannot sue or be sued
DIt is a creation of law only
Answer & Solution
Correct answer: D. It is a creation of law only
A company can own property and contract but cannot breathe, eat or talk like a natural person.
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