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AS
Question Practice

Which of the following is true about the liability of shareholders in a company limited by shares?

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 of the following is true...

Single Answer MCQ
Q-00082383

Which of the following is true about the liability of shareholders in a company limited by shares?

1

Shareholders have unlimited liability

2

Liability is limited to unpaid share amounts

3

All debts are paid from personal assets

4

Only directors are liable for company debts

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