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Shareholders have __________ liability because they are not responsible for the debts or actions of the corporation. A. limited B. personal C. unlimited D. corporate

Shareholders have __________ liability because they are not responsible for the debts or actions of the corporation. A. limited B. personal C. unlimited D. corporate
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Shareholders have __________ liability because they are not responsible for the debts or actions of the corporation.

A. limited
B. personal
C. unlimited
D. corporate

User Jryl
by
8.1k points

1 Answer

9 votes

Answer:

The answer is A. Limited

Step-by-step explanation:

  • Shareholder liability for corporate debt is covered by limited liability protection and is subject to state laws.
User Lee Irvine
by
8.0k points
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