limited
unlimited
Both A and B
None of these
Answer is Right!
Answer is Wrong!
The correct answer is: A. limited
The liability of a member in a private company is limited to the amount of money they have invested in the company. This means that if the company goes bankrupt, the members are not personally liable for the company’s debts.
The other options are incorrect because:
- Option B is incorrect because the liability of a member in a private company is limited.
- Option C is incorrect because the liability of a member in a private company is limited, not both limited and unlimited.
- Option D is incorrect because the liability of a member in a private company is limited.
I hope this helps! Let me know if you have any other questions.