Explain classification of company on the basis of number of members
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Answer:
Difference between limited and unlimited companies
Limited liability company Unlimited liability company
Liability of the members is only in proportion to the sum they have invested in the company. Liability of the members is not in proportion to the investment in their company.
Answered by
1
Explanation:
Difference between limited and unlimited companies
Limited liability company Unlimited liability company
Liability of the members is only in proportion to the sum they have invested in the company. Liability of the members is not in proportion to the investment in their company.
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