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what is difference between company and firm
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Both are formed by association / group of persons.. But in
case of firm, registration of not necessary whereas company
must be registered / incorporated under Companies Act.
Firm has so many advantages than company in the following
clauses - Capital Clause, Filing forms, Auditing,
directorships.
| Is This Answer Correct ? | 7 Yes | 2 No |
private placement
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Audit 
