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    Small Business Management Study Set 1
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    Exam 8: The Organizational Plan: Teams, Legal Structures, Alliances, and Directors
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    Which Entity Is Liable for a Company's Debts
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Which Entity Is Liable for a Company's Debts

Question 33

Question 33

Multiple Choice

Which entity is liable for a company's debts?


A) Shareholders.
B) Board of directors.
C) The company itself.
D) The company's CEO.

Correct Answer:

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