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    Economics for Business
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    Exam 3: Business Organisations
  5. Question
    Limited Liability Means That, Legally, Shareholders Cannot Take Part in the Running
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Limited Liability Means That, Legally, Shareholders Cannot Take Part in the Running

Question 23

Question 23

True/False

Limited liability means that, legally, shareholders cannot take part in the running of the firm in which they have shares.

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