menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Small Business Management
  4. Exam
    Exam 8: The Organizational Plan: Teams, Legal Structures, Alliances, and Directors
  5. Question
    Which of the Following Entities Is Liable for a Corporation's
Solved

Which of the Following Entities Is Liable for a Corporation's

Question 84

Question 84

Multiple Choice

Which of the following entities is liable for a corporation's debts?


A) Stockholders
B) Board of directors
C) The corporation itself
D) The corporation's president

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q79: What advantages does a small business have

Q80: For a small firm, which of the

Q81: A nonprofit corporation must establish a board

Q82: Jane and Randy have a partnership with

Q83: Explain the difference between a board of

Q85: In what situations would it be best

Q86: An advisory board functions like a board

Q87: The board of directors is elected by

Q88: A basic legal principle involving stockholders is

Q89: Match the term with its definition.<br>-A form

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines