Shareholders may not be held personally liable for a defective corporation's actions.
Correct Answer:
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Q10: Under United States laws, corporations are legal
Q11: If over 50% of the shareholders die,
Q12: Under the United States Constitution and mores
Q13: Which of the following was the result
Q14: The only authority possessed by corporations is
Q16: Which of the following is false regarding
Q17: Stock for sale to the general public
Q18: Among the shareholders of an S corporation,
Q19: A statement of purpose grants a corporation
Q20: The determination of who has the power
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