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The liability of members in a company is (A) Limited (B) Unlimited (C) Stable (D) Fluctuating

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The liability of members in a company is

(A) Limited

(B) Unlimited

(C) Stable

(D) Fluctuating

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1 Answer

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Best answer

Correct option is: (A) Limited  

The liability of the members of the company is limited to contribution to the assets of the company upto the nominal value of shares held by him.

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