question_answer

Which of the following statement(s) is/are correct?

I. Liability of the members is limited to the extent of capital contributed by partner.

II. Shareholders have the right to involve in the day-to-day running at the business.

Select the correct answer using the codes given below

A)  Only I                         

B)  Only II

C)         Both I and II    

D)  Neither I nor II