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Question 12

Which of the following statements best describes a limited liability company?

  • A.In law, it is regarded as having separate existence from its owners
  • B.It is normally owned and managed by the same persons
  • C.It is normally a non - profit organization
  • D.It is normally owned by just one person
Objective

Question details

Exam body
OAU
Subject
Financial Accounting
Year
2015/2016
Question no.
#12
Type
Objective
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