1.3 Which one of the following statements about the limited company form of business is correct? a)...

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1.3 Which one of the following statements about the limited company form of business is correct?

a) A limited company is a separate person in law.

b) Limited companies cannot be sued.

c) It costs a great deal of money to establish a limited company.

d) Shareholders in a limited company are obliged to act as directors.

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