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Which of the following statements about companies is incorrect? A company has perpetual existence Limited liability means that a shareholder's liability is limited to the
Which of the following statements about companies is incorrect?
A company has perpetual existence
Limited liability means that a shareholder's liability is limited to the amount uncalled on those shares
A public company must have at least one secretary while a private company is not required to have a secretary
Public companies must be listed on the ASX (Australian Stock Exchange) while proprietary companies cannot be listed on the ASX
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