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Question 2 In considering which business vehicle to be ability in a private limited company (Sendirian Berhad on Sun many. It allows the founder/shareholder to

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Question 2 In considering which business vehicle to be ability in a private limited company (Sendirian Berhad on Sun many. It allows the founder/shareholder to sleep better at night knowing personal wealth is not at stake if the company is, for whatever rea liquidated. ness vehicle to be used in Malaysia, the feature of a limited any (Sendirian Berhad or 'Sdn. Bhd.') appeals to sleep better at night knowing that his the company is, for whatever reason, sued or What are the difference between limited companies and unlimited liability companies? Explain the difference in accordance to Companies Act 2016. [8 marks] Question 3

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