Which of the following is not a type of limited company listed in the material?

Prepare for the ATT Law Exam. Practice with multiple choice questions, each providing hints and explanations. Be well-prepared for exam day!

Liability structure is what separates these forms. A limited company has members’ liability capped, while an unlimited company does not have a cap on what members may owe. The forms that limit liability include: limited by shares (liability limited to unpaid share capital), limited by guarantee (liability limited to the amount members guarantee), and private limited by shares (a private company with liability limited by shares). The form that is not a type of limited company is the one described as unlimited by shares, because it represents an unlimited liability company, not a limited one.