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    Financial Accounting Study Set 6
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    Exam 9: Stockholders Equity
  5. Question
    Stockholders Have Unlimited Liability, Since There Is No Personal Obligation
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Stockholders Have Unlimited Liability, Since There Is No Personal Obligation

Question 53

Question 53

True/False

Stockholders have unlimited liability, since there is no personal obligation of a stockholder for the debts of the corporation.

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