First Principles of Business Law

Business organisations in Australia

7. Companies

Question 13. How does anyone know that the business they are dealing with is a limited liability company?

 

 

 

Read the statements below and select the best one.

(a) A person will know that they are dealing with a limited liability company because a register is kept of limited liability companies. People who are dealing with a business can look in the register to see if it is a limited liability company.

(b) A person will know that they are dealing with a limited liability company because limited liability companies can be identified by the name they use as their business name. It is not necessary to look up the information in a register.

 

 

 

 

 

 

 

 

 

 
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