Question
Diana Dawes owns 100,000 shares in a company called Green Minerals NL (Green). Green is a Western Australian based mineral exploration company listed on the
Diana Dawes owns 100,000 shares in a company called Green Minerals NL (Green). Green is a Western Australian based mineral exploration company listed on the ASX. The letters "NL" at the end of its name indicate that it is a 'no liability' company. What does this mean? Why would a company be formed as a no liability company?
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A noliability company is a limited liability public company whose principal a...
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
9th Edition
978-0470317549, 9780470387085, 047031754X, 470387084, 978-0470533475
