BCL – L1 – SA – Q92 – Alternative Forms

……………….is a legal person which capable of perpetual succession and common seal.

A   Company

B   Firm

C   Voluntary Association

D   Partnership

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.