Which one or more of the following would you consider to be among the disadvantages of forming

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Which one or more of the following would you consider to be among the disadvantages of forming a limited company?

(a) Legal control and stringent requirements that have to be complied with

(b) The need to entrust control and decisions to a few

(c) Restrictions on return of capital if in excess of company’s requirements

(d) The ease with which the share of ownership could be disposed of

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Financial Accounting An Introduction

ISBN: 9780273737650

2nd Edition

Authors: Mr Barry Elliott, Mr Augustine Benedict

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