Home › Bihar Board Class 12 (Commerce) › Business Studies › Forms of Business Organisation › Why is a company called an artificial person?
Why is a company called an artificial person?
AIt pays no tax at all
BIt has no shareholders
CIt is created by law
DIt has a single owner
Answer & Solution
Correct answer: C. It is created by law
A company is a creation of law that can own property and sue, but cannot breathe, eat or talk.
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