The Letters 'Ltd' After the Name of a Company Is

question 4

Multiple Choice

The letters 'Ltd' after the name of a company is a warning to creditors that:

• A)the liability of shareholders for the debts of the company is limited.
• B)the company is limited by guarantee.
• C)the shareholders have unlimited liability for the debts of the company.
• D)the shareholders have no liability for the debts of the company.

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Definitions:

Slavery In The Territories

A contentious pre-Civil War issue in the United States, centered around whether new territories should allow slavery, impacting the balance of power between free and slave states.

Popular Sovereignty

Program that allowed settlers in a disputed territory to decide the slavery issue for themselves; most closely associated with Senator Stephen A. Douglas of Illinois.

Abraham Lincoln

The 16th President of the United States, who served from 1861 until his assassination in 1865, known for leading the country during the Civil War and abolishing slavery.

Reentry Into Politics

The act of an individual who has previously been involved in political activities or held political office returning to active political life or seeking elective office again.