In the event of a limited liability company going into liquidation, each shareholder
ECONOMICS
WAEC 1991
In the event of a limited liability company going into liquidation, each shareholder
- A. may lose a maximum of the amount he has invested
- B. lose nothing
- C. loses everything including his house
- D. may have unlimited liability
Correct Answer: A. may lose a maximum of the amount he has invested
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