One of the implications of the incorporation of a company is that
COMMERCE
JAMB 1995
One of the implications of the incorporation of a company is that
- A. it is more difficult for the company to raise loans
- B. the company can sue but cannot be sued
- C. the company's property becomes distinguished from that of its members
- D. its members become liable for all the debts of the company
Correct Answer: C. the company's property becomes distinguished from that of its members
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