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Thursday, 02 April 2026
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unlimited liability means?

unlimited liability means?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A The government can tax a company without limit
  • B The debts of a company must be paid out of it assets
  • C A company ceases to exist at the death of one of its owners
  • D A firm must pay its debts from business as well as private funds
  • E None of the above
Correct Answer: Option D
Explanation:

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