Mollie operates her consultancy business as a sole trader. She is considering whether to incorporate the business as Hodge Lid, in which she would hold 100% of the shares. She has been given four items of advice to help her make her decision.

Which of the following items of advice is accurate?

A Hodge Ltd will have limited liability for business debts

B. Mollie will take drawings from Hodge Ltd.

C Hodge Ltd's shares can be issued to the public

D. On Mollie's death Hodge Ltd willnot have to be wound up