Understanding Ownership and Management Structures Quiz

Lack of management control

Unlimited liability for shareholders

Shared ownership by all employees

Separate legal personality (correct)

Unlimited freedom to make any decision

Limited control over decision-making processes (correct)

Full management control by all shareholders

No need for directors in the company

Ability to transfer shares to the public

Limited liability for shareholders

Separation of ownership and management

Shared ownership by all individuals (correct)

<p>The liability of shareholders is limited to their investment in the company</p> Signup and view all the answers

<p>Ease of transferring shares to new owners</p> Signup and view all the answers