C. Banks always need an audited financial statement to be submitted together with the application for a loan. Explain why the banks require the audited financial statements in assessing the loan applications. [TASK] Explain your answer. [4 marks] D. Shareholders of a limited liability company have a limited risk of losing their investment during the difficult financial situation. The maximum amount of money they could lose is the amount of their investment in the company. If there is only a limited amount of money/resources available in the limited liability company, how could the company's creditors recover the debts if the company is going to be closed down? [TASK] Explain your answer. [4 marks] E. It is a common occurrence that a large company is owned by a group of people who are not the managers of the company. In this situation, how to ensure that the management always serve the best interest of the owners? Page 4 of 13 [TASK] Explain your answer. [4 marks]