Limited liability means that members of a corporation are ...

[awywial]

Limited liability means that members of a corporation are financially liable for corporate debts only up to the extent
  of their investments.

 
 

a. True
  b. False

Question 2

The best statement to describe corporations is
 
 

a. corporations don't need moral codes.
  b. corporate culture refers to the cultural activities sponsored by the company for its employees.
  c. Johnson & Johnson's handling of the Tylenol crisis of 1982 was a gross failure of corporate responsibility.
  d. corporate culture can be both explicit and implicit

[batool]

Answer to Question 1

True

Answer to Question 2

d

[awywial]

Thank you!

[batool]

Happy to help