Question: in an unlimited liability company, the shareholders are only liable to pay up to the amount they have agreed. Required: state whether the above information is true or false.

Business/Professional Ethics Directors/Executives/Acct
8th Edition
ISBN:9781337485913
Author:BROOKS
Publisher:BROOKS
Chapter1: Ethics Expectations
Section: Chapter Questions
Problem 14.2EC
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Question: in an unlimited liability company, the shareholders are only liable to pay up to the amount they have agreed. Required: state whether the above information is true or false.
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