What is limited liability? Select one: a. Limited liability refers to the ability of...
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Accounting
What is limited liability? Select one: a Limited liability refers to the ability of a member to limit his liability to the extent of his unpaid shares b Limited liability refers to how much the directors have to contribute in the event of the company becoming insolvent c Limited liability refers to the ability of a company to limit its liability to the extent of his unpaid shares CLEAR MY CHOICE 
What is limited liability?
Select one:
a Limited liability refers to the ability of
a member to limit his liability to the
extent of his unpaid shares
b Limited liability refers to how much
the directors have to contribute in the
event of the company becoming
insolvent
c Limited liability refers to the ability of
a company to limit its liability to the
extent of his unpaid shares
CLEAR MY CHOICE
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