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What is the primary advantage of the limited liability feature in a company?a)Members can take unlimited loans from the company.b)Members are not required to contribute to the company's capital.c)Members' liability is limited to the amount of their shareholding.d)Members can transfer their shares without restrictions.Correct 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 according to the B Com exam syllabus. Information about What is the primary advantage of the limited liability feature in a company?a)Members can take unlimited loans from the company.b)Members are not required to contribute to the company's capital.c)Members' liability is limited to the amount of their shareholding.d)Members can transfer their shares without restrictions.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the primary advantage of the limited liability feature in a company?a)Members can take unlimited loans from the company.b)Members are not required to contribute to the company's capital.c)Members' liability is limited to the amount of their shareholding.d)Members can transfer their shares without restrictions.Correct answer is option 'C'. Can you explain this answer?.

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