Representative Management Choose... 2 3 4 Choose.. 5 6 Perpetual existence A company must be registered and becomes an identity of its own. Limited Changes in a company membership due to death, insolvency etc. does not affect its existence and its continuity Liability May be organized in various ways for tax and financial liability purposes depending on the corporate law of its jurisdiction A Company Shareholders elect some persons among themselves to manage and administer the company The capital of the company is divided into shares. A share is an indivisible unit of capital. Capital No shareholder can be called upon to pay more than the face value of the shares held by them divisible into Shares of the company are easily transferable. The shares can be bought and sold in the stock market. shares A company is an artificial person as it is created by law. It has almost all the rights and powers of a natural person. It can en Incorporated Finish attempt .. Choose.. body Time left 2:09:03 Transferability Choose... of shares Artificial legal Choose... person Next page 7:51 PM ADD ENG 2021-11-20