📊 Corporate Accounting
Q. A past member is not liable to contribute:
  • (A) In respect of any liability contracted after he ceased to be member of the company.
  • (B) One year passed since he ceased to be a member.
  • (C) In case of company limited by shares, no liability arises if shares are fully paid up.
  • (D) All of the above
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✅ Correct Answer: (D) All of the above

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