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Liquidation of limited liability company implies that the?

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Economics JAMB 1998

Liquidation of limited liability company implies that the?

  • company may not pay its debt
  • debts of the company can only be paid from its own assets checkmark
  • debts of the company are paid from both business and private funds of the owners
  • debts of the company musts be paid from public funds only

The correct answer is: B

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