Question

multiple choice
a stockholder in a corporation can be held financially responsible for the debts of the corporation.
true
false
question # 8
multiple select
select the following three roles in a business that do not carry personal liability for any judgments against the company.
the owner in a sole proprietorship
a general partner
a limited partner in a partnership
the ceo of a major corporation
a corporation shareholder

Explanation:

In a corporation, stockholders have limited liability. Sole proprietors and general partners have personal liability, while limited partners, CEOs of corporations and shareholders do not.

Answer:

False
C. a limited partner in a partnership
D. the CEO of a major corporation
E. a corporation shareholder