Which one of the following statements regarding companies is true?
A) Every company must issue ordinary and preference shares.
B) Company shareholders are protected by limited liability.
C) A company does not have a separate legal identity to its owners.
D) The existence of a company is dependent on the continued existence of its shareholders.
Correct Answer:
Verified
Q2: Limited liability means that:
A) The liability of
Q3: The accounts for Mark Ltd for the
Q4: Which one of the following statements regarding
Q5: Williams plc has issued 2,000,000 £1 ordinary
Q6: Which one of the following features of
Q7: Which of the following is NOT a
Q8: Tash Ltd has issued both ordinary shares
Q9: Which of the following is NOT a
Q10: Greta owns 10,000 £1 ordinary shares and
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