Biology, asked by shrikanthgodsela, 7 days ago

the liability of shareholders of a public limited company is limited to answer fast now it self​

Answers

Answered by parilis3104
0

Answer:

the nominal value of shares.

Explanation:

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.

Answered by 122066
1

Answer:

The liability of shareholders is limited to the amount of their investment in the shares. Because of the company's legal status, the company's liabilities are its own; thus, personal property of shareholders cannot be used to pay the liabilities.

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