wrong answer

question asked in equity capital -
which of these statement is false
1)there is a limit on how many shareholders are in public limited company can have.
2)there is a limit on how many shares a public limited company can issue.
3)shareholders are residual claimants.
4)shareholders are personally liable.

your answer to this question was 3)option .. but according to the video 3 option is true, so can you please tell me what is the correct option.

2 Answer(s)


Sorry about the mistake. The correct answer is 4).
Shareholders are not personally liable to a companies debts.


The question could be - which of these statement is true ....

because only 3) option seems to be true.