Multiple Choice
As a shareholder in Titanic Shipping,Inc. ,James Blue is one of the many actual owners.In case of the bankruptcy of the corporation,his liability would be limited to
A) his ownership percentage of the actual loss.
B) the amount of his investment.
C) nothing at all.
D) what is left after selling the stock and subtracting the debt.
Correct Answer:
Verified
Correct Answer:
Verified
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