Home › CBSE Class 11 › businessstudies › Forms of Business Organisation › The feature of a company by which its continuity…
The feature of a company by which its continuity is unaffected by the death of its members is:
Alimited liability
Bmutual agency
Cperpetual succession
Dunlimited liability
Answer & Solution
Correct answer: C. perpetual succession
Perpetual succession means a company's life is unaffected by members' death.
Related questions
The maximum number of members allowed in a private company is:The minimum number of members required to form a private company and a public company are The minimum number of adult members required to form a cooperative society is:A cooperative society works on the democratic principle of:A form of organisation owned by its members who voluntarily associate on the principle of As per the Companies (Miscellaneous) Rules 2014, the maximum number of partners a partnersThe written document that contains the mutually agreed terms of a partnership is the:An association of two or more persons who agree to carry on a business and share its profi