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In the case of a company with unlimited liability, what is the extent of a member's liability?a)Limited to the amount of their share capitalb)Limited to the amount they undertook to contribute in the event of winding upc)Unlimitedd)Limited to the nominal value of shares they holdCorrect answer is option 'C'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared
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In the case of a company with unlimited liability, what is the extent of a member's liability?a)Limited to the amount of their share capitalb)Limited to the amount they undertook to contribute in the event of winding upc)Unlimitedd)Limited to the nominal value of shares they holdCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for In the case of a company with unlimited liability, what is the extent of a member's liability?a)Limited to the amount of their share capitalb)Limited to the amount they undertook to contribute in the event of winding upc)Unlimitedd)Limited to the nominal value of shares they holdCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of In the case of a company with unlimited liability, what is the extent of a member's liability?a)Limited to the amount of their share capitalb)Limited to the amount they undertook to contribute in the event of winding upc)Unlimitedd)Limited to the nominal value of shares they holdCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice In the case of a company with unlimited liability, what is the extent of a member's liability?a)Limited to the amount of their share capitalb)Limited to the amount they undertook to contribute in the event of winding upc)Unlimitedd)Limited to the nominal value of shares they holdCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice B Com tests.