Commerce > 2002 > 8
WASSCE
Which of the following are features of a limited liability company?
I. Separate legal entity
II. Right to sue but not be sued
III. Has its own corporate name
IV. The liability of members is limited
I. Separate legal entity
II. Right to sue but not be sued
III. Has its own corporate name
IV. The liability of members is limited
A.
I,II and III
B.
II,III and IV
C.
I,II and IV
D.
I,III and IV
Answer: D
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