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A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy.
Companies may associate and collectively register them selves as new companies; the resulting entities are often known corporate groups.
Commonly used where companies are formed for non-commercial purposes, such as clubs or charities may associate as new companies.
In English law and in legal jurisdictions based upon it, a company is a body corporate or corporation company registered under the Companies Acts or under similar legislation.