Which of the Following Types of Company Are Required to Have

question 49

Multiple Choice

Which of the following types of company are required to have the letters 'Ltd' after their name,either alone or with other letters?

• A)No-liability companies.
• B)Companies limited by shares.
• C)Unlimited liability companies.
• D)Companies limited by guarantee.

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Definitions:

Unearned Management Fees

Income received by a company for services yet to be performed and is recorded as a liability until those services are delivered.