First Principles of Business Law

Business organisations in Australia

7. Companies

Question 18. How is the existence of a company ended?

 

 

 

Read the statements below and select the best one.

(a) A company, being an artificial person, does not cease to exist. Once a company is registered, it remains in existence, although it may become inactive.

(b) Although it is an artificial person with no natural lifespan, a company's existence can be ended in a variety of circumstances.

 

 

 

 

 

 

 

 
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