Business Studies, asked by venkateshsudha, 4 months ago

11.The limited liability
associated with the public
limited company results from​

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Answered by Anonymous
1

Answer:

In case of a public limited company the liability of the shareholder is to pay up to the nominal value of shares. The company can at any time ask the shareholders to pay the unpaid calls on the shares. In case of loss, shareholders are not liable to pay more than the nominal value of shares.

Explanation:

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