168k views
4 votes
Twenty years ago, your parents invested in Apple. As the years have gone by, the investment has grown. However, if Apple should go out of business and declare bankruptcy, what would happen to your parent’s investment?

1 Answer

4 votes

Answer:Parents will loose the value of their share

Step-by-step explanation:

It is given that twenty years ago Parents invested in Apple and if the apple declares bankruptcy, your Parents will lose the value of their share because after declaring bankruptcy apple share will dissolve and shareholders have no more hold on these shares. Parents might have gain money in the past through the Apple shares but if Apple declares bankruptcy then the value of shares will be dissolved and hold by owners is seized i.e. they no longer can take benefit from Apple shares.

User Pavan Gandhi
by
5.8k points