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  3. Study Set
    Managing the Law The Legal
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    Exam 20: Basic Forms of Business Organizations
  5. Question
    Shareholders, Acting Solely as Shareholders, Can Incur Obligations on Behalf
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Shareholders, Acting Solely as Shareholders, Can Incur Obligations on Behalf

Question 3

Question 3

True/False

Shareholders, acting solely as shareholders, can incur obligations on behalf of the corporation in which they hold shares.

Correct Answer:

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