Which of the following entity is created under an Act of the Parliament or an Act of the State legislature ?

CS CSEET · Business Environment and Entrepreneurship & Business Management, Ethics and Communication · PYQS · December 2013
Which of the following entity is created under an Act of the Parliament or an Act of the State legislature ?
(A) Statutory corporation
(B) Government companies
(C) Co-operative society
(D) Limited Liability Partnership.

Answer & Explanation:

Correct Answer: Option (A)

Correct answer: (A) Statutory corporation.

Topics: Business Environment

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