Difference between revisions of "Company"
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Revision as of 18:23, December 1, 2014
A company may be defined as "an entity engaging in business, such as a proprietorship, partnership, or corporation". Company is a synonym for a business, firm or enterprise.
Company is a firm made up of a group of people as distinguished from a sole proprietorship. However, since few proprietorships owe their existence exclusively to one person, the term now applies to proprietorships as well. [1]