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Which of the following is an advantage of companies which are limited by shares: a. There are no formal reporting requirements b. There are no
Which of the following is an advantage of companies which are limited by shares:
a.
There are no formal reporting requirements
b.
There are no formal registration requirements
c.Investors can provide funding in exchange for a shareholding and their liability is limited to unpaid amount on shares they hold
d.
Companies limited by shares do not have to pay income tax
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