Question:

A company for charitable purpose may be incorporated as:

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For charitable organizations, a company limited by guarantee is often preferred as it offers limited liability without shares.
Updated On: Sep 18, 2025
  • A Limited company
  • An Unlimited company
  • Limited by Guarantee
  • Partnership
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The Correct Option is C

Solution and Explanation

Step 1: Identify types of companies.
- Charitable purposes often lead to a company being incorporated as a company limited by guarantee, as this allows the members' liability to be limited to the amount they guarantee.

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