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Explain the rights and Obligations of Companies.

Explain the rights and Obligations of Companies.

Answers


sharon
1. It can own and dispose off property.
2. It can enter into a contract on its own name
3. It can borrow and lend money in its own capacity
4. It can hire and fire employees
5. It can sue and be sued in its own right
6. It can form subordinate agencies and its authority
7. It can spread information.
sharon kalunda answered the question on March 2, 2019 at 09:47

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