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Exam questionKROK 2Pharmacy ยท 2013

When setting up a joint-stock company the founders discussed the issues of financial liability. What is the liability of the board members in a joint-stock company?

Answer options

  1. Limited to the amount of deposits
  2. Limited to the contributions to the statutory fund and their property
  3. Unlimited and solidary
  4. Limited to the value of their shares
  5. Limited to the double amount of deposits
Correct answer

Limited to the value of their shares

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