Description: The Sea story: how launching from Singapore made it successful, The Fall of Singapore's Largest Company | Sea Limited, England: South Sea Bubble - The Sharp Mind of John Blunt - Extra History - Part 1, The South Sea Company Asset Bubble of Great Britain Explained in One Minute
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A company is an association or collection of individuals, whether natural persons , legal persons , or a mixture of both. Company members share a common purpose and unite in order to focus their various talents and organize their collectively available skills or resources to achieve specific, declared goals . Companies take various forms such as:
A company or association of persons can be created at law as legal person so that the company in itself can accept Limited liability for civil responsibility and taxation incurred as members perform (or fail) to discharge their duty within the publicly declared "birth certificate" or published policy .
Because companies are legal persons, they also may associate and register themselves as companies – often known as a corporate group . When the company closes it may need a "death certificate" to avoid further legal obligations.