1.

Which of the following statement(s) is/are correct? I. Liability of the members is limited to the extent of capital contributed by partner. II. Shareholders have the right to involve in the day-to-day running at the business. Select the correct answer using the codes given below

A.  Only I                         
B.  Only II
C.         Both I and II    
D.  Neither I nor II
Answer» B.  Only II


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