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ICSE Class 10 Answered

Why the name of every company is followed by LIMITED
Like Bharat petroleum corporaton limited
Asked by lovemaan5500 | 15 Nov, 2017, 06:15: AM
answered-by-expert Expert Answer
Not every company is a 'limited' company but big companies are. It means that the company have shareholders and the owners are legally responsible for its debts only to the extent of the amount of capital they invested.
Answered by Social Science Expert | 15 Nov, 2017, 01:53: PM

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