Teaching Business Studies Business Ownership Question Bank MCQ - Business Ownership

  • question_answer
    Consider the following statement (s).
    I. The Government Company gets incorporated under the Indian Companies Act, 2013.
    II. The Government Company has a separate legal existence.
    III. It can buy and sell property, enter into contract in its own name.
    Which of the statement(s) given above is/are correct?

    A)  I and II                                    

    B)  II and III

    C)                     I and III                                   

    D)  All of the above

    Correct Answer: D


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