In the event of a limited liability company going into liquidation each

a

shareholder may lose the maximum of the amount he has invested

b

shareholder loses nothing

c

shareholders loses everything including his house

d

shareholder''s liability becomes unlimited

e

shareholder will lose the amount he has invested plus a proportion of his bank account

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Discussions (3)

Handsome01
12 years ago

Ans C

Deepthinker581
4 years ago

Limited liability prevents that from occurring, and so the most that can be lost is the amount invested, with any personal assets held as off-limits

@myschool.com

Kindly review this question please
The answer should be "E"

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