What is the difference between a company and a corporation?
A) A company is a type of corporation - one registered under the Corporations Act 2001 (Cth) .
B) A corporation, unlike a company, is an artificial entity separate from its members.
C) There is no difference, and the terms can be used interchangeably.
D) The term company is a more general term than 'corporation' and includes incorporated associations, body corporates, etc.
Correct Answer:
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