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Consider the following statements concerning limited liability companies: They have a separate legal existence They are normally granted a perpetual existence They protect shareholders against
Consider the following statements concerning limited liability companies:
- They have a separate legal existence
- They are normally granted a perpetual existence
- They protect shareholders against incurring any loss
Which of the above statements are correct?
A. 1,2,3
B. 1 and 2
C. 2 and 3
D. 1 only
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