A company limited by shares means liability is restricted to:

CS CSEET · Business Laws and Management · PYQS · October 2026
A company limited by shares means liability is restricted to:
(A) Guarantee amount
(B) Entire debts of company
(C) Unpaid value of shares
(D) Nominal capital

Answer & Explanation:

Correct Answer: Option (C)

Correct answer: (C) Unpaid value of shares.

Topics: Company Law

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