Register
Is it true or false that shareholders in a corporation are not legally responsible for paying the debts of the corporation
120k views
2 votes
Is it true or false that shareholders in a corporation are not legally responsible for paying the debts of the corporation

User Andy Mardell
by
7.8k points

1 Answer

5 votes
That is true. Shareholders are just like representatives to the company. They are not affiliated to the expenses of the corporation.
User Pktangyue
by
7.7k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

Who was Adam Smith ? Anybody?
What is meant by data mining ?
The government has decided that the free market price of cheese is too low. Farmers complain that the price floor has reduced their total revenue.Is this possible? Explain
The government’s involvement in economy serves what two purposes?
How can life expectancy and literacy rates affect the quality of labor in the economy?
Link Copied!