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

question 34

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:

Peak-Load Pricing

A pricing strategy used to manage demand by varying prices at different times or days, especially during high-demand periods.

Two-Part Tariff

A pricing strategy that includes a fixed fee plus a variable charge for each unit of the product or service consumed.

Bundling

A marketing strategy that involves offering several products or services together as a combined package typically at a lower price than they would cost individually.

Intertemporal Price Discrimination

involves charging different prices at different times for the same product, aiming to maximize profits by taking advantage of differences in demand elasticity over time.