Question

In what sense were property groups corporate? (Nayar)

Answer 1

Property groups can be considered corporate because they operate as separate legal entities with their own rights and responsibilities.

Step-by-step explanation:

Property groups can be considered corporate because they operate as separate legal entities with their own rights and responsibilities. Like corporations, property groups have ownership rights and can enter into contracts. They also have the ability to own and control assets, such as real estate and intellectual property.