No-liability companies have been created because of:
A)the high rate of business failure.
B)the high rate of business failure in the mining sector.
C)the need to encourage investment in high-growth companies.
D)the risk of losing one's investment when a business fails.

Question

Quizplus · Accepted Answer

No-liability companies are primarily associated with the mining sector, where the risk of business failure is high, and they allow investors to not be liable for calls on unpaid shares if they choose not to pay.

No-Liability Companies Have Been Created Because Of