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A Creditor of an Insolvent Corporation Is Unable to Seek

Question 51

Multiple Choice

A creditor of an insolvent corporation is unable to seek redress for its losses from the company's shareholders.How will the law discern this outcome?


A) as limiting the perpetual existence of a corporate entity
B) as eminently unjust to the creditor
C) as just if the creditor was also a shareholder of the corporation
D) as perfectly legitimate and eminently just

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