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Business Studies

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companies are...

Question

______ companies are not popular in India.

A

Unlimited

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B

Limited

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C

Public

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D

Private

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Solution

The correct option is A Unlimited
An unlimited company or private unlimited company is a hybrid company (corporation) incorporated with or without a share capital (and similar to its limited company counterpart) but where the legal liability of the members or shareholders is not limited: that is, its members or shareholders have a joint.

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