Economics · Corporate Finance
What is the meaning of a company being 'limited by shares'?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The investment amount is fixed
- 2The liability of shareholders is unlimited
- 3The liability of shareholders is limited to the nominal value of shares held✓
- 4The total number of shareholders is restricted
Correct answer
The liability of shareholders is limited to the nominal value of shares held
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