Which of the following statement in NOT TRUE about the limited-12968
Which of the following statement in NOT TRUE about the limited company form of business?
This multiple choice question (MCQ) is related to the book/course vu mgt101 Financial Accounting. It can also be found in vu mgt101 Final Term - Quiz No.25.
Which of the following statement in NOT TRUE about the limited company form of business?
The limited company form of business allows ownership of the business to be spread amongst many people
Shareholders can appoint professionals
Shareholders are personally liable for all the liabilities incurred by the business
Regular filing of information about the affairs of the company is a legal requirement