A company differs from partnership because:

CS CSEET · Business Laws and Management · PYQS · October 2026

(A) Company has separate legal entity, partnership firm does not

(B) Partners are not agents of each other

(C) Members of company have limited liability

(D) All of the above

Answer & Explanation:

Correct Answer: Option (A)

Correct answer: (A) Company has separate legal entity, partnership firm does not.

Topics: Company Law