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unlimited liability means?

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Economics JAMB 1981

unlimited liability means?

  • The government can tax a company without limit
  • The debts of a company must be paid out of it assets
  • A company ceases to exist at the death of one of its owners
  • A firm must pay its debts from business as well as private funds checkmark
  • None of the above

The correct answer is: D

Explanation

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