Question
Fill in the blanks with the correct answer: a)Beta Bhd. is a subsidiary of Alpha Bhd. and Alpha Bhd. is not a subsidiary of any
Fill in the blanks with the correct answer:
a)Beta Bhd. is a subsidiary of Alpha Bhd. and Alpha Bhd. is not a subsidiary of any corporation. Alpha Bhd. is a/an _____________________ company.
b)A/An _____________________________ company has no limit in the number of its members.
c)The principle of _________________________________ basically is to protect the shareholders from personal liability to creditors and the members' personal assets from lawsuits.
d)70% of the issued share capital of Omega Bhd is controlled by Epsilon Bhd. Thus, Omega Bhd is ___________________________ of Epsilon Bhd.
e)Company limited by shares is where the _______________________ of the members is limited to the amount unpaid on the shares held.(2 marks each)
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