The amount paid for stock is the most a shareholder can lose in the corporate form of ownership. a. true b. false

This statement is true. The amount the shareholder has paid for the stock he owns is the amount of potential loss he can incur as a result of being an owner in a corporation. The creditor of the company cannot run to the personal properties of each shareholder. This condition makes the corporation differ from partnership.

True

Explanation:

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