题目内容

Which of the following statements about a limited liability company is correct?

A. It shall be liable for its debts to the extent of its registered capital
B. It shall be liable for its debts to the extent of all capital subscribed by its shareholders
C. It shall be liable for its debts to the extent of all of its assets

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Which of the following statements in relation to liquidated damages is correct?

A. Parties to a contract must stipulate an amount of money as liquidated damages
B. A party to a contract may claim liquidated damages and deposit where the other party breaches the contract
C. Where they are significantly higher than the damages incurred, a party may petition the court to make an appropriate reduction
D. They are a form of punishment in nature

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