In the event of a limited liability company going into liquidation each
Question
In the event of a limited liability company going into liquidation eachOptions
A)
shareholder may lose the maximum of the amount he has invested
B)
shareholder loses nothing
C)
shareholders loses everything including his house
D)
shareholder''s liability becomes unlimited
E)
shareholder will lose the amount he has invested plus a proportion of his bank account
Related Lesson: Limited Liability Companies | Business Organisations
The correct answer is A.
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