One of the following statements about the limited company form of business is correct: a) A limited

Question:

One of the following statements about the limited company form of business is correct:

a) A limited company must submit information on a regular basis to the Registrar of Companies.

b) Directors of limited companies are always selected from amongst the shareholders.

c) — Limited companies are not eligible to apply for grants.

d) Directors of a limited company are personally liable if the company is sued.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Financial Accounting For Non Specialists

ISBN: 9781844802050

2nd Edition

Authors: Catherine Gowthorpe

See More Books

Question Posted: Jul 08, 2024 10:01 AM

See More Questions

I need help with a last minute Accounting 1 assignment. My regular tutor is off the grid so I am looking for a replacement. I have created the outline for you and enclosed the rubric, plus all f the...
Need help with these multiple choice questions for internal audit final exam. Due in 2 hours. QUESTION 1 RsQ_004Without management direction and assumption of responsibility, it would be...
Assignment 01 (semester 2) Assignment 01 Unique number 730716 Closing date 30 August 2021 Content Learning units 1 and 2 of the Study Guide and the relevant chapters of the prescribed book Questions...
Verify each identity by comparing the graph of the left side with the graph of the right side on a calculator. sin 4x(cos 2x - sin2x) sin 8x 2
During 2015, Gorilla Corporation has net short-term capital gains of $15,000, net long-term capital losses of $105,000, and taxable income from other sources of $460,000. Prior years transactions...
Chapters 8 and 9 discussed paired comparisons as one possibility when analyzing the difference between two means. What does this have to do with blocking, as discussed in Section 19-6b?
PR 5-1 Should the consolidated financial statements include the subsidiarys retained earnings at the acquisition date?
You are given a series of trades. Each trade has a key, a value, a quantity, and a sequence number. For each trade, print the weighted moving average of all the trades for that particular key. Round...
Aziz Company sells two types of products, basic and deluxe. The company provides technical support for users of its products at an expected cost of $230,000 per year. The company expects to process...
Select from the following list the most appropriate way of financing the buildup of stocks of Easter eggs in a chocolate business: a) venture capital b) overdraft (a)) issue of new share capital d)...
Geoffrey is a keen dangerous sports enthusiast. He would like to set up in business as a sole trader organising dangerous sports events and activities. His business idea is that people would pay an...
How has the Sarbanes-Oxley Act affected U.S. business ethics?
What is the essential objective that scientists should pursue by striving to remove personal biases, a priori commitments, and emotional involvement from their investigations about the world?...
c) Critically review the use of ROA (Return on Assets) as an indicator for your purposes of how a company's resources are used to generate wealth, and how different companies might measure it in...
Find the volume of the solid obtained by rotating the region bounded by the given curves about the specified line. Sketch the region, the solid and a typical disk or washer. -2x 3. y = ex, y = 0, x =...
2. Given the list of scores: Score1 = [ 10, 40, 50, 54, 55, 59, 63, 65, 70, 71, 75, 77, 79, 80, 99] The one-sample T-test is used to test whether the mean of Score1 is statistically different from...
Find the area of the triangle having the given measurements. Round to the nearest square unit. 13) C=100, a 3 yards, b = 8 yards Use Heron's formula to find the area of the triangle. Round to the...
Determine the mass moment of inertia of the 2-kg bent rod about the zaxis. 300 mm 300 mm
When the Department of Homeland Security created a color-coded system to prepare government officials and the public against terrorist attacks, what did it do right and what did it do wrong?
Describe how the following affect the valuation of PPE. a) Cash Discounts b) Deferred Payment Contracts
Lou Barlow, a divisional manager for Sage Company, has an opportunity to manufacture and sell one of two new products for a five - year period. His annual pay raises are determined by his division s...
Consider a 5 year debt with a 15% coupon rate paid semi-annually, redeemable at Php1,000 par. The bond is selling at 90%. The flotation cost is Php50 per bind. The firm's tax bracket is 30%.

One of the following statements about the limited company form of business is correct: a) A limited

Question:

Step by Step Answer:

Financial Accounting For Non Specialists

Students also viewed these Business questions