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The liability of shareholder in Joint Stock Company is _________. - Book Keeping and Accountancy

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Question

The liability of shareholder in Joint Stock Company is _________.

Options

  • Joint and Sever

  • Limited

  • Unlimited

  • huge

MCQ
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Solution

The liability of a shareholder in Joint Stock Company is limited.

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Chapter 8: Company Accounts - Issue of Shares - Exercise 8.1 (Objective Questions) [Page 338]

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Balbharati Book-Keeping and Accountancy [English] Standard 12 Maharashtra State Board
Chapter 8 Company Accounts - Issue of Shares
Exercise 8.1 (Objective Questions) | Q 1. (A) 7. | Page 338
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