It is true that:

Question

It is true that:

Quizplus · Accepted Answer

A) Shareholders indeed have the protection of limited liability where their personal assets are not at risk in case of losses incurred by the company.
B) In most insolvent companies, ordinary shareholders receive little or nothing back on winding up because they are the last ones to be paid after creditors and other stakeholders.
C) Shareholders do not have a legal entitlement to be paid a dividend once a year. Dividends are paid at the discretion of the company's management and board of directors.

It Is True That