A company Limited by Guarantee is called:

A. Public
B. Limited by guarantee
C. Registered
D. None of these

🧠 Explanation:

A company limited by guarantee is a business structure where members’ liability is limited to a guaranteed amount, often used for non-profits. For business or law students, understanding this structure highlights its role in organizational governance, making it a key topic for studying corporate law, non-profit management, and financial accountability.