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In a company limited by shares, what is the extent of liability of a member for unpaid shares?a)The member is personally liable for the company's debts.b)The member is liable for an amount equal to the face value of the shares.c)The member has unlimited liability for all company obligations.d)The member's liability is limited to the unpaid value of the shares.Correct answer is option 'D'. 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 In a company limited by shares, what is the extent of liability of a member for unpaid shares?a)The member is personally liable for the company's debts.b)The member is liable for an amount equal to the face value of the shares.c)The member has unlimited liability for all company obligations.d)The member's liability is limited to the unpaid value of the shares.Correct answer is option 'D'. 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 In a company limited by shares, what is the extent of liability of a member for unpaid shares?a)The member is personally liable for the company's debts.b)The member is liable for an amount equal to the face value of the shares.c)The member has unlimited liability for all company obligations.d)The member's liability is limited to the unpaid value of the shares.Correct answer is option 'D'. Can you explain this answer?.

Solutions for In a company limited by shares, what is the extent of liability of a member for unpaid shares?a)The member is personally liable for the company's debts.b)The member is liable for an amount equal to the face value of the shares.c)The member has unlimited liability for all company obligations.d)The member's liability is limited to the unpaid value of the shares.Correct answer is option 'D'. 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.

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