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Author Question: Which of the following is true with regard to the characteristics of corporations? (Read 96 times)

dbose

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on: Aug 7, 2021
Which of the following is true with regard to the characteristics of corporations?
◦ Shareholders are liable for the debts and other obligations of the corporation.
◦ A shareholder's liability is limited to the amount he or she paid for the shares.
◦ The corporation is a separate legal person, but neither can sue nor be sued.
◦ The shareholders would be vicariously liable for any damage caused by a employee of the corporation carrying out his or her duties.
◦ Directors are responsible for the shareholders of the corporation.
Legal Fundamentals for Canadian Business ¦ Yates ¦ 4th Edition
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Marked as best answer by dbose on Aug 7, 2021

sarah_brady415

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Reply #1 on: Aug 7, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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dbose

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Reply 2 on: Aug 7, 2021
Thanks for the timely response, appreciate it

shewald78

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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