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CIMAPRA17-BA4-1 Exam - Topic 11 Question 7 Discussion

Which of the following statements is correct in relation to business organisations?
B) Although a public company may offer its shares and securities to the general public it can only do so if it is listed on a stock exchange
A) In the event of a company limited by shares going into insolvent liquidation the shareholders become fully liable for the debts of the company
C) A limited liability partnership is a separate legal entity distinct from the partners in a similar way to how a private company is a legal entity distinct from its shareholders and directors
D) A general partnership and a private limited company can be formed without the need for any written documents

CIMAPRA17-BA4-1 Exam - Topic 11 Question 7 Discussion

Actual exam question for CIMA's CIMAPRA17-BA4-1 exam
Question #: 7
Topic #: 11
[All CIMAPRA17-BA4-1 Questions]

Which of the following statements is correct in relation to business organisations?

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Suggested Answer: B

by Brett at May 03, 2022, 08:22 AM

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Hester
8 months ago
General partnerships can be formed without written docs, that's true!
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Barney
9 months ago
Wait, can a public company really only offer shares if listed? Sounds off.
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Jerry
9 months ago
I think option C is spot on, LLPs are distinct legal entities.
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Vonda
9 months ago
Totally agree, option A is definitely incorrect!
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Fredric
9 months ago
A company limited by shares means shareholders aren't fully liable for debts.
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Moira
9 months ago
Hmm, this one's a bit tricky. I'm not totally sure about the reasoning behind fractional factorial designs, but I think the key is that they're used when there's not a lot of prior knowledge about the interactions. I'll have to think this through a bit more.
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Sharen
10 months ago
Okay, I think I've got this. The slope policy is used to define the high and low slope values for buffer admission control, either for TCP traffic in the shared buffer pool or for UDP traffic in the committed buffer pool. I just need to double-check the exact details.
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