A corporation has sold 1,000 shares of stock at a value of $100 each. Bob is a stockholder. If the corporation fails and has $3 million dollars of debt and only $500,000 in assets, what is the most Bob can lose if Bob owns 25 shares of stock?
A) $100
B) $250
C) $1,000
D) $2,500
E) 0
Correct Answer:
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