What Is Company Limitted By Shares?

1.	What Is Company Limitted By Shares?
Answer» A COMPANY in which the liability of its shareholders is limited to the EXTENT of value of their SHARES is CALLED company limited by shares. A company in which the liability of its shareholders is limited to the extent of value of their shares is called company limited by shares.

Answer»

A COMPANY in which the liability of its shareholders is limited to the EXTENT of value of their SHARES is CALLED company limited by shares.

A company in which the liability of its shareholders is limited to the extent of value of their shares is called company limited by shares.

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