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True/False Answer Question: It is necessary to get every company incorporated, whether private or public. - Business Studies

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Question

True/False Answer Question:

It is necessary to get every company incorporated, whether private or public.

Options

  • True

  • False

MCQ
True or False

Solution

The statement is TRUE.
It is necessary for every company to be incorporated because a company can legally commence its business only after its incorporation with the registrar of companies.

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Incorporation
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Chapter 7: Formation of a Company - True or False [Page 179]

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NCERT Business Studies [English] Class 11
Chapter 7 Formation of a Company
True or False | Q 1 | Page 179
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