The word Ltd written after the name of a company means that?

Commerce WAEC 1990

The word Ltd written after the name of a company means that?

  • the individual member's capital is limited
  • the total sum of the company's capital is limited
  • members are liable to the extent of their holding checkmark
  • company's location is limited
  • a shareholder has only one vote

The correct answer is: C

Explanation

No official explanation is available for this question at this time. Please check contributions posted by others below. If you can provide an explanation to help other student learn.
Previous Question Next Question

Leave A Comment