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What is the difference between a member and a shareholder in a company limited by guarantee?a)A member must hold shares, while a shareholder need not hold any shares.b)A shareholder has a right to transfer shares, while a member does not have such a right.c)A member has liability limited to the amount of their shares, while a shareholder's liability is unlimited.d)There is no difference between a member and a shareholder in such a company.Correct answer is option 'B'. 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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What is the difference between a member and a shareholder in a company limited by guarantee?a)A member must hold shares, while a shareholder need not hold any shares.b)A shareholder has a right to transfer shares, while a member does not have such a right.c)A member has liability limited to the amount of their shares, while a shareholder's liability is unlimited.d)There is no difference between a member and a shareholder in such a company.Correct answer is option 'B'. Can you explain this answer?, a detailed solution for What is the difference between a member and a shareholder in a company limited by guarantee?a)A member must hold shares, while a shareholder need not hold any shares.b)A shareholder has a right to transfer shares, while a member does not have such a right.c)A member has liability limited to the amount of their shares, while a shareholder's liability is unlimited.d)There is no difference between a member and a shareholder in such a company.Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of What is the difference between a member and a shareholder in a company limited by guarantee?a)A member must hold shares, while a shareholder need not hold any shares.b)A shareholder has a right to transfer shares, while a member does not have such a right.c)A member has liability limited to the amount of their shares, while a shareholder's liability is unlimited.d)There is no difference between a member and a shareholder in such a company.Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an
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