Assertion (A) :The liability of share holders in a private limited company is limited to the amount.Reason (R) :The number of share holders of a private limited company is limited to fifty. - Study24x7
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Priya Sharma
01 Jan 1970 05:30 AM study24x7 study24x7

Assertion (A) :The liability of share holders in a private limited company is limited to the amount.

Reason (R) :The number of share holders of a private limited company is limited to fifty.

A

Both A and R are true and R is the correct explanation of A

B

Both A and R are true but R is not a correct explanation of A

C

A is true but R is false

D

A is false but R is true

MBA/Management Commerce
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