Answered: Who is liable for a corporation's debts…

Who is liable for a corporation's debts and obligations? OA. the limited partners OB. the general partners OC. the corporation OD. the registered agent OE. the shareholders

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Who is liable for a corporation's debts and obligations?
OA. the limited partners
OB. the general partners
OC. the corporation
OD. the registered agent
OE. the shareholders

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