WAEC Accounting 2021 Objective — Question 15
Question 15 of 50 from the West African Examinations Council (WAEC) Accounting 2021 Objective paper, with the correct answer and a full explanation.
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Company as a legal entity means that it
- A. must always have a company lawyer
- B. can sue and be suedCorrect
- C. must settle disputes among shareholders in court
- D. should prepare accounts approved by a lawyer
Explanation
As a legal entity, a company can sue and be sued in its own name.
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