Which of the following statement(s) is/are correct? |
I. Liability of the members is limited to the extent of capital contributed by partner. |
II. Shareholders have the right to involve in the day-to-day running at the business. |
Select the correct answer using the codes given below |
A) Only I
B) Only II
C) Both I and II
D) Neither I nor II
Correct Answer: A
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