Economics · Indian Economy
What does it mean for a company to be 'limited by shares'?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The number of shareholders is limited.
- 2Liability is limited to the value of shares.✓
- 3Unlimited liability.
- 4The investment amount is limited.
Correct answer
Liability is limited to the value of shares.
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