Teaching Accountancy Company Accounts Question Bank MCQ - Company Accounts

  • question_answer
    A past member is not liable to contribute

    A)  In respect of any liability contracted after he ceased to be member of the company

    B)  One year passed since he ceased to be member

    C)  In case of company limited by shares, no liability arises if shares are fully paid up

    D)  All of the above

    Correct Answer: D


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