Topic
company.
legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective
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About company
A company is a legal entity representing an association of legal persons with a shared objective, such as generating profit or benefiting society. Depending on the jurisdiction, companies can take on various forms, including voluntary associations, nonprofit organizations, business entities, financial entities, banks, and educational institutions. Companies have evolved to share common legal features, such as a separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy.
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