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  3. Study Set
    Accounting Understanding and Practice
  4. Exam
    Exam 7: Advanced Interpretation of Company and Group Accounts
  5. Question
    When a Company Is in Financial Distress,creditors May Suffer Direct
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When a Company Is in Financial Distress,creditors May Suffer Direct

Question 11

Question 11

True/False

When a company is in financial distress,creditors may suffer direct financial loss,but shareholders can not loose their investment because they have limited liability

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