Shareholders are generally not liable for corporate debts beyond

date:2026-03-20 15:42:26 author:admin browse: time View comments Add Collection

Shareholders are generally not liable for corporate debts beyond

Shareholders are generally not liable for corporate debts beyond:

A. The amount of their unpaid share capital

B. Total corporate liabilities

C. Personal assets of all shareholders

D. The value of annual dividends received

Answer: A

Explanation: Limited liability protects shareholders; liability is limited to unpaid amounts on their shares.