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On the basis of incorporation, companies may be classified into:

By mode of incorporation, companies are either statutory companies, created by a special Act of the legislature, or registered companies, incorporated under the Companies…

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On the basis of incorporation, companies may be classified into:

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Correct answer C

By mode of incorporation, companies are either statutory companies, created by a special Act of the legislature, or registered companies, incorporated under the Companies Act or a previous company law. Private and public is a classification by number of members and access to capital, guarantee and unlimited companies are classified by liability, and foreign companies by place of incorporation.

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