Home / Aptitude Tests / Economics / In the event of a li...

In the event of a limited liability company going into li...

In the event of a limited liability company going into liquidation each

A.

Shareholder may lose the maximum of the amount he has invested

B.

Shareholder loses nothing

C.

Shareholder loses everything including his house

D.

Shareholder’s liability becomes unlimited

E.

Shareholder will lose the amount he has invested plus a proportion of his bank account

Correct answer is A

No explanation has been provided for this answer.