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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA BT – FIA FBT › Separate Entity Concept, Separate Legal entity ans Limited Liability.
(1) I want to ask that is there any difference between separate entity and separate legal entity?
(2) Every organisation which is separate entity will have limited liability? What is difference between two?
1 No
2 There are such things as unlimited companies, but they are ratre.
