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Define the term unlimited company?

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Answer:

unlimited company:

the company where in the liabilities of shareholders are unlimited means that in case heavy losses, the personal property of shareholders will also be sold for paying of the Debt's of the company if the assets are insufficient such companies are not found in the wold.

unlimited company:

First answer by ID1950867060. Last edit by ID1950867060. Question popularity: 1 [recommend question].

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