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Home › Bihar Board Class 12 (Commerce) › Business Studies › Formation of a Company › What does the term General Commercial Company al…

What does the term General Commercial Company allow a company to undertake?

AOnly manufacturing
BOnly banking business
COnly export trade
DAny lawful business
Answer & Solution
Correct answer: D. Any lawful business
The term meant a company could carry on any lawful or legal trade or business.
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