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

  • may lose a maximum of the amount he has invested checkmark
  • lose nothing
  • loses everything including his house
  • may have unlimited liability
  • will lose the amount he has invested plus a proportion of his bank account

The correct answer is: A

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