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Which of the following is described as an exceptional feature of corporate personality?

Perpetual succession, a company's continued existence regardless of changes in its membership, is treated under s.9 of the Companies Act as an exceptional or distinctive…

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Which of the following is described as an exceptional feature of corporate personality?

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Correct answer C

Perpetual succession, a company's continued existence regardless of changes in its membership, is treated under s.9 of the Companies Act as an exceptional or distinctive feature of corporate personality, unlike a common seal or share certificate, which are mere incidents of administration; share warrants have in fact been abolished under the 2013 Act.

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