The word "limited" written after the name of a company means that
A.
it has a democratic system of management
B.
members are liable to the extent of their shareholdings only
C.
the company is a going concern
D.
profit is determined by management
Answer: B
To see detailed solution to this question and thousands of other questions offline, download TestDriller SSCE. Practice rigorously for WASSCE, enjoy educational games, get chief examiners' reports, summary of WAEC literature books, compete with your peers, win prizes and more.