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    Fundamentals of Corporate Finance Study Set 19
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    Exam 1: The Financial Manager and the Firm
  5. Question
    Unlimited Liability Means That the Owner of a Firm Is
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Unlimited Liability Means That the Owner of a Firm Is

Question 11

Question 11

True/False

Unlimited liability means that the owner of a firm is responsible for paying all the bills of the firm.

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