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What is meant by Limited liability? - Commerce

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What is meant by Limited liability?

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उत्तर

The liability of a shareholder is limited. The risk of loss is limited to the unpaid amount on the face value of shares held.

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पाठ 6: Joint Stock Company - Exercises [पृष्ठ ५९]

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सामाचीर कलवी Commerce [English] Class 11 TN Board
पाठ 6 Joint Stock Company
Exercises | Q II. 3. | पृष्ठ ५९
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