Answer:
False
Step-by-step explanation:
In a corporation, the stockholders are the owners of the company. However, they are generally not held personally liable for the debts of the corporation. This is because a corporation is a separate legal entity from its owners, and the debts of the corporation are the responsibility of the corporation itself. However, if the corporation is unable to pay its debts, the creditors may attempt to collect the debts from the assets of the corporation, including the stockholders' equity in the company. In this case, the stockholders could potentially lose the money they have invested in the company if the debts are not paid.