In an unlimited company, the liability of members is:
Under s.2(92), members of an unlimited company bear unlimited liability, unlike liability limited by memorandum, by shares, or by guarantee.
Choose your answer
In an unlimited company, the liability of members is:
Answer and explanation
Correct answer D
Under s.2(92), members of an unlimited company bear unlimited liability, unlike liability limited by memorandum, by shares, or by guarantee.
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