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Which of the following characteristics is considered to be an advantage of a limited company? 1. Low level of regulation 2. Limited liability of shareholders
Which of the following characteristics is considered to be an advantage of a limited company?
| 1. | Low level of regulation |
| 2. | Limited liability of shareholders |
| 3. | Directors are permitted to share in the profits |
| 4. | The avoidance of double taxation |
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