Question: Samala is an intern at your advisory practice. She asks you what is the difference between a company and a corporation? Group of answer choices

Samala is an intern at your advisory practice. She asks you "what is the difference between a company and a corporation?" Group of answer choices A corporation is a specific type of company that are registered under Acts of Parliament. There is no difference between these terms. There are differences but they are not worth worrying about. A company is a specific type of corporation, registered under the Corporations Act 2001 (Cth).

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