Owners in a sole proprietorship or a partnership can be held personally liable for debts the company has incurred,over and beyond the investment they have made.
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Q4: A corporation has limited liability and attracting
Q5: Limited liability means that even in the
Q6: Outstanding stock is the number of shares
Q7: Paid-in Capital is the amount stockholders have
Q8: Authorized stock is the number of shares
Q10: Par value has a direct relationship to
Q11: A company credits Additional Paid-in Capital for
Q12: Retained Earnings is the amount stockholders have
Q13: Cumulative preferred stock means that dividends accumulate
Q14: Angel investors are investors that focus on
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