Top Posters
Since Sunday
g
3
3
2
J
2
p
2
m
2
h
2
s
2
r
2
d
2
l
2
a
2
Home Q & A Board Humanities Legal Studies
New Topic  
bigcaat bigcaat
wrote...
Go to Answer
Posts: 640
Rep: 0 0
6 years ago
Regarding corporations, which statement follows the principle of limited liability?
a. a director who drives dangerously and causes an accident while on company business
b. shareholders of a small, private company provide security or personal guarantees on loans made to their company
c. a corporation is liable for its own debts
d. the trustee in bankruptcy requires shareholders to repay corporate property received prior to bankruptcy
e. a dividend is paid to a shareholder although the corporation make no profits—the shareholder is liable for the corporation's debt to the extent of the dividend
Textbook 
The Law and Business Administration in Canada

The Law and Business Administration in Canada


Edition: 14th
Authors:
Read 233 times
2 Replies
Replies
Answer verified by a subject expert
AlexStanfordAlexStanford
wrote...
#1
Top Poster
Posts: 734
Rep: 24 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

wrote...
#2
2 years ago
need helping
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1175 People Browsing
 109 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 719
  
 1096
  
 3402
Your Opinion
Who will win the 2024 president election?
Votes: 3
Closes: November 4
Previous poll results: Should Ph.D.'s be addressed as doctors?