A company on registration: A) Acquires a corporate personality B) Does not acquire a corporate personality C) Acquires a corporate personality depending on the intention of the promoters D) Acquires a corporate personality depending on the intention of the government

Answers 2

Answer:

D because it need government approval

The correct answer is OPTION A: Acquires a corporate personality.

The legal acknowledgement of a corporation as a separate legal entity from its members is known as corporate personality.
A separate legal entity has its own identity apart from its shareholders, directors, authorities, and founders.
The "cloak of incorporation" is how it's referred to.
The continuous succession of a firm is a result of corporate personality.
It simply implies that the business will continue to operate until it is formally wound up.
A firm will continue to exist regardless of how many times its membership changes.
Even if all of a corporation's members die, their privileges, immunities, estates, and interests are unaffected.