Question

A company limited by shares is a type of company where the liability of its members is ________________

Q: Answer-A company limited by shares is a type of company where the liability of its members is _____________...

Section 4. Memorandum 1di in the case of a company limited by shares, that liability of its members is limited to the amount unpaid, if any, on the shares held by them.

A Limited to the amount paid on the shares held by them

B Unlimited to the amount unpaid on the shares held by them

C Unlimited to the amount unpaid, if any, on the shares held by them

D Limited to the amount unpaid, if any, on the shares held by them

E To the amount up to which each member undertakes to contribute

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A company limited by shares is a type of company where the liability of its members is ________________

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