- 1 Marks
BCL – L1 – SA – Q92 – Alternative Forms
Question
……………….is a legal person which capable of perpetual succession and common seal.
A Company
B Firm
C Voluntary Association
D Partnership
Answer
A
Explanation:
The correct answer is A because a company is a legal person with perpetual succession (continues despite member changes) and a common seal for official documents. Firms (B) and partnerships (D) lack perpetual succession, and voluntary associations (C) are not necessarily legal persons.
- Tags: Company Law, Legal Person, Perpetual Succession
- Level: Level 1
- Uploader: Samuel Duah