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Sagot :
Features of the corporation are limited liability, unlimited life, separate legal entity, transferability of ownership, capacity to control, etc.
Organization are entities that are legal to perform a business, that has their very own rights and responsibility. The organization is a legal entity that has a separate prison entity from its proprietors, the organization is to be handled as someone. The difference between the employer and someone is that a business enterprise cannot vote, or vote as a man or woman.
Limited liability attribute –The stockholders have a restricted liability in the direction of the organization. limited liability implies that the stockholder can not be held answerable for the act and debt of the company. The separate legal entity way that a man or woman shareholder cannot act on behalf of the complete organization.
Perpetual life attribute -An employer has an endless existence, that is according to the going challenge principle of accounting. The agency does no longer capture to exist if the shareholder or any of its members dies. there's a regulation of succession that applies to the groups.
Learn more about Limited liability here brainly.com/question/9503055
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