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AS
Question Practice

Which is a significant advantage of being a company in terms of risk?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 12
Accountancy
Accountancy Part - II
Accounting for Share Capital
Question Bank

Which is a significant advanta...

Single Answer MCQ
Q-00082399

Which is a significant advantage of being a company in terms of risk?

1

Shareholders can lose personal assets

2

Unlimited personal liability for business debts

3

Corporate veil protects personal assets of shareholders

4

Directors are personally liable for all actions

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Q4.

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