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Has limited liability/ shareholders debts do not go beyond their contribution.
Separate legal entity/firm and shareholders act as different entities.
Perpetual succession -death of a member does not lead to dissolution.
Earn dividends / shareholders earn dividends when the firm makes profits.
Free sale of share / an investors may buy or sell shares as he wishes.
Professional management – can employ highly qualified personnel leading to high profits.
steve williams answered the question on January 1, 2018 at 06:28
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