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Can anybody tell me about the liability positions of
1.Sole trader
2.Partnership
3.Pvt ltd co
4.Public ltd co

Answer Posted / satyaki_raju@yahoo.com

The liability positions are as follows
1.Unlimited
2.Unlimited,joint and several
3.Limited to the extent of share
4.Limited to the extent of share

Is This Answer Correct ?    2 Yes 1 No



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