Certainly, the concept of a company as a juristic person, also known as a legal person or legal entity, is a fundamental principle in corporate law. It means that a company is treated as a distinct entity separate from its individual members (shareholders or owners). This principle has several key implications: 1. Separate Legal Existence: A company, once incorporated, is recognized as having its own separate legal existence. It can enter into contracts, own property, sue and be sued, and engage in various legal activities in its own name. This is distinct from the individuals who own or manage the company. 2. Limited Liability: One of the primary advantages of forming a company, especially a corporation, is the concept of limited liability. Shareholders are generally not personally liable for the company's debts and legal obligations. The company itself is responsible for its own debts, which helps protect the personal assets of its members. 3. Rights and Duties: Just like...
Research is derived from a french word 'recerch' meaning 'to search' and a Latin word 'circare' meaning 'to go round in a circle'. RESEARCH STAND FOR AS FOLLOWING : 'R'- stand for 'rational way of thingking' 'E'-stand for 'expert and exhaustive treatment' 'S'-stand for ' search for solution' 'E'-stand for ' exactness' 'A'-stand for ' analytical analysis of adequate data' 'R'-stand for ' relationship between facts and theories' 'C'-stand for ' (a) Construtive attitude; (b) critical observation; (c) condensed and complactly stated generalisation; (d) cautions and careful recording' 'H' -stand for 'honesty and hard work in all aspets of the treatment of data' Definition of Research According to webster's Internaional Dictionary, "Research is a careful, critical inquiry or explanation in seeking facts or principal; di...