KASNEB CPA Intermediate Practice Questions - KASNEB Certified Public Accountants (CPA) - Intermediate Level (CA21-CA26) Exam

Under the Companies Act, 2015, a company registered in Kenya is best described as:

A body corporate with separate legal personality from its members An unincorporated association whose members have no limited liability A branch office of the Registrar of Companies A partnership whose partners share profits but lack corporate status

Correct Answer:

A body corporate with separate legal personality from its members

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