Which of the Following Statements Is True for a No

question 42

Multiple Choice

Which of the following statements is true for a no liability company?

• A)Shareholders have no liability for the outstanding debts of the company
• B)In Australia,no liabilities companies are solely mining companies
• C)Shareholders are attracted to no liability companies as there is the
• Possibility of obtaining a good return on their investment
• D)All the statements about no liability companies are true

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Definitions:

Central Purpose

The primary or main goal, aim, or objective of an activity, organization, or piece of work.

Experience

The knowledge or skill acquired by a person through involvement in or exposure to events or activities over a period of time.

Health Care

The maintenance or improvement of health via the prevention, diagnosis, and treatment of diseases, illnesses, injuries, and other physical and mental impairments in people.

Medicine

The science or practice of diagnosing, treating, and preventing illness, disease, and injury.