Which of the following statements is true in regard to a company limited by guarantee?
A) An example of company limited by guarantee is the Australian Society of Certified Practising Accountants.
B) Unless the company is exempted by the ASIC,it must include 'Limited' or 'Ltd' in its name.
C) The liability of the members is limited to the monetary sum each member has agreed to contribute if the company is wound up.
D) All of the above.
Correct Answer:
Verified
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