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What is the primary difference between a company limited by shares and a company limited by guarantee?a)A company limited by shares has no share capital, while a company limited by guarantee has a share capital.b)A company limited by shares has unlimited liability for its members, while a company limited by guarantee has limited liability.c)A company limited by shares has its members' liability limited to the unpaid amount on their shares, while a company limited by guarantee has its members' liability limited to a predetermined guarantee amount.d)A company limited by shares can invite the public to subscribe for shares, while a company limited by guarantee cannot.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 difference between a company limited by shares and a company limited by guarantee?a)A company limited by shares has no share capital, while a company limited by guarantee has a share capital.b)A company limited by shares has unlimited liability for its members, while a company limited by guarantee has limited liability.c)A company limited by shares has its members' liability limited to the unpaid amount on their shares, while a company limited by guarantee has its members' liability limited to a predetermined guarantee amount.d)A company limited by shares can invite the public to subscribe for shares, while a company limited by guarantee cannot.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 difference between a company limited by shares and a company limited by guarantee?a)A company limited by shares has no share capital, while a company limited by guarantee has a share capital.b)A company limited by shares has unlimited liability for its members, while a company limited by guarantee has limited liability.c)A company limited by shares has its members' liability limited to the unpaid amount on their shares, while a company limited by guarantee has its members' liability limited to a predetermined guarantee amount.d)A company limited by shares can invite the public to subscribe for shares, while a company limited by guarantee cannot.Correct answer is option 'C'. Can you explain this answer?.

Solutions for What is the primary difference between a company limited by shares and a company limited by guarantee?a)A company limited by shares has no share capital, while a company limited by guarantee has a share capital.b)A company limited by shares has unlimited liability for its members, while a company limited by guarantee has limited liability.c)A company limited by shares has its members' liability limited to the unpaid amount on their shares, while a company limited by guarantee has its members' liability limited to a predetermined guarantee amount.d)A company limited by shares can invite the public to subscribe for shares, while a company limited by guarantee cannot.Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for B Com. Download more important topics, notes, lectures and mock test series for B Com Exam by signing up for free.

Here you can find the meaning of What is the primary difference between a company limited by shares and a company limited by guarantee?a)A company limited by shares has no share capital, while a company limited by guarantee has a share capital.b)A company limited by shares has unlimited liability for its members, while a company limited by guarantee has limited liability.c)A company limited by shares has its members' liability limited to the unpaid amount on their shares, while a company limited by guarantee has its members' liability limited to a predetermined guarantee amount.d)A company limited by shares can invite the public to subscribe for shares, while a company limited by guarantee cannot.Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of What is the primary difference between a company limited by shares and a company limited by guarantee?a)A company limited by shares has no share capital, while a company limited by guarantee has a share capital.b)A company limited by shares has unlimited liability for its members, while a company limited by guarantee has limited liability.c)A company limited by shares has its members' liability limited to the unpaid amount on their shares, while a company limited by guarantee has its members' liability limited to a predetermined guarantee amount.d)A company limited by shares can invite the public to subscribe for shares, while a company limited by guarantee cannot.Correct answer is option 'C'. Can you explain this answer?, a detailed solution for What is the primary difference between a company limited by shares and a company limited by guarantee?a)A company limited by shares has no share capital, while a company limited by guarantee has a share capital.b)A company limited by shares has unlimited liability for its members, while a company limited by guarantee has limited liability.c)A company limited by shares has its members' liability limited to the unpaid amount on their shares, while a company limited by guarantee has its members' liability limited to a predetermined guarantee amount.d)A company limited by shares can invite the public to subscribe for shares, while a company limited by guarantee cannot.Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of What is the primary difference between a company limited by shares and a company limited by guarantee?a)A company limited by shares has no share capital, while a company limited by guarantee has a share capital.b)A company limited by shares has unlimited liability for its members, while a company limited by guarantee has limited liability.c)A company limited by shares has its members' liability limited to the unpaid amount on their shares, while a company limited by guarantee has its members' liability limited to a predetermined guarantee amount.d)A company limited by shares can invite the public to subscribe for shares, while a company limited by guarantee cannot.Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice What is the primary difference between a company limited by shares and a company limited by guarantee?a)A company limited by shares has no share capital, while a company limited by guarantee has a share capital.b)A company limited by shares has unlimited liability for its members, while a company limited by guarantee has limited liability.c)A company limited by shares has its members' liability limited to the unpaid amount on their shares, while a company limited by guarantee has its members' liability limited to a predetermined guarantee amount.d)A company limited by shares can invite the public to subscribe for shares, while a company limited by guarantee cannot.Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice B Com tests.