Untitled Deck Flashcards
1
Q
How are creditors warned about limited liability?
A
The word ‘limited’ in the name of the company draws attention to the fact of limited liability.
2
Q
What is required in the name of private limited companies in Pakistan?
A
Private limited companies in Pakistan are required to include the word “(Private) Limited” in their name.
3
Q
What is required in the name of public companies in Pakistan?
A
Public companies in Pakistan are required to include the words “Limited” in their name.
