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What is the difference between a present member and a past member in the context of contributories?a)Present members are individuals who are currently employed by the company, while past members are former employees.b)Present members have contributed more to the company's assets, while past members have contributed less.c)Present members are liable to contribute unpaid amounts on shares, while past members are exempt from such liability.d)Present members have voting rights in winding up decisions, while past members do not.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
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What is the difference between a present member and a past member in the context of contributories?a)Present members are individuals who are currently employed by the company, while past members are former employees.b)Present members have contributed more to the company's assets, while past members have contributed less.c)Present members are liable to contribute unpaid amounts on shares, while past members are exempt from such liability.d)Present members have voting rights in winding up decisions, while past members do not.Correct answer is option 'C'. Can you explain this answer?, a detailed solution for What is the difference between a present member and a past member in the context of contributories?a)Present members are individuals who are currently employed by the company, while past members are former employees.b)Present members have contributed more to the company's assets, while past members have contributed less.c)Present members are liable to contribute unpaid amounts on shares, while past members are exempt from such liability.d)Present members have voting rights in winding up decisions, while past members do not.Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of What is the difference between a present member and a past member in the context of contributories?a)Present members are individuals who are currently employed by the company, while past members are former employees.b)Present members have contributed more to the company's assets, while past members have contributed less.c)Present members are liable to contribute unpaid amounts on shares, while past members are exempt from such liability.d)Present members have voting rights in winding up decisions, while past members do not.Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice What is the difference between a present member and a past member in the context of contributories?a)Present members are individuals who are currently employed by the company, while past members are former employees.b)Present members have contributed more to the company's assets, while past members have contributed less.c)Present members are liable to contribute unpaid amounts on shares, while past members are exempt from such liability.d)Present members have voting rights in winding up decisions, while past members do not.Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice B Com tests.