Task: Class Definition Understanding (ontology: Legal/LKIF_Core_Ontology)

Which of the following definitions best describes 'Limited Company'?

A. A the concept creates some propositional attitude towards a legal expression.
B. A the concept is a corporation whose liability is limited by law
C. A public act that attributes a power to perform a public act to a public body.
D. Similar to the US corporation, offers several advantages over trading as sole trader.

Answer: A the concept is a corporation whose liability is limited by law