Explain why you would recommend a privatelimited company Ltd as a type of businessorganisation for a new business venture.

Question

Explain why you would recommend a privatelimited company Ltd as a type of businessorganisation for a new business venture.
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Solution 1

  1. Limited Liability: In a private limited company, the financial liability of the shareholders is limited to their shares. This means that if the company incurs losses or has debts, the shareholders are only responsible up to the amount of their investment in the company. This protects personal ass Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv

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