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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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