Which of the following statements about companies is not correct?
A) A company is a separate legal entity from its owners.
B) A company can own property.
C) When a limited liability company is unable to pay its debts, the owners must pay them.
D) A company is established by registration.
Correct Answer:
Verified
Q4: Which of the following statements about proprietary
Q5: What is the difference between a company
Q6: A 'floating charge' is security for a
Q7: The company is the most common form
Q8: Which of the following is not a
Q10: Which of the following statements about a
Q11: What is a 'company charge'?
A)A charge given
Q12: A 'debenture' is:
A)a type of ordinary share.
B)a
Q13: The Australian Securities and Investment Commission, or
Q14: One of the main attractions of the
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