Limited liability means that
...Limited liability means that
The debt of a company can only be paid from its own assets
The debts of a company are paid from business as well as private funds of the owners
A company does not have to pay its debts
The debts of a company must be paid from a private funds only
Government cannot tax a company
Correct answer is A
No explanation has been provided for this answer.
All the following are types of specialization except ...
The shares which do not carry any fixed rate of dividend are known as ...
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In ordinary partnership, the risks are ...
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The outward shift to the production possibility curve could be due to ...