asked 104k views
1 vote
A disadvantage of corporations is that corporation stockholders are more exposed to personal liabilities in the event of bankruptcy than are investors in a typical partnership.

A. True
B. False

asked
User Maryna
by
7.8k points

1 Answer

2 votes

Answer:

FALSE

Step-by-step explanation:

Corporation of stockholders in finance could be group or a person that is a owner of a share of stock or more share of stock in one corporation or the other and it should be a legal deal. These could be a private or public corporation.

It should be noted that one of the advantage of corporation stockholders is that they are not exposed to any personal liabilities in case bankruptcy came up as partnership is concerned.

Therefore, in the case of the disadvantages stated in the question about corporation stockholders is "False"

answered
User Cazineer
by
8.6k points
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