And how many points did it drop? I was trying to see how many points it dropped on the "first" day of the great depression but can't find that. Also, how many points did it drop during ...
Just 2 days ago a Washington Mutual service rep told me over the phone that I had only made 3 transfers from savings to checking in this statement period (I'm only allowed 6 per period). So I ...
How do i make money online without having to pay some odd fee or making a donation before making money online. Is there some service that allows you to earn money online without making you pay them ...
I hear so many times that ' this so & so company is fortune 500 co.' Plz, tell the meaning of fotune 500. Is this the rating list or a cind of company ?...
A corporation is legally an artificial person. It is responsible for its own debts.
In rare cases, stockholders can be held liable (this is called 'piercing the corporate veil') but something *very* unusual would have to happen. For example, if you created a sham corporation that you owned 100% of and that served no purpose other than to allow you to borrow money you never intended to pay back.
If you simply buy a small amount of stock in a corporation, you cannot be held personally liable for the corporation's acts, omissions, or debts.
Tom P
No, shareholders are not personally liable for the debts of a corporation. All they can lose is the value of their stock.
Newo
Why would stockholders be responsible for a corporations debt? The debt just means that the stock value goes down, meaning the stockholders could potentially lose money on their stock, depending on what they paid for it in the first place. Generally when a company goes in to debt they get a loan/are bought out/saved by another organisation. The stockholders don't have to pay of the debt, so far as I am aware, they just lose out if they do not sell their stock before its value plummets.
M O
Investors are only liable for up to the amount theyve invested.
euan
As a general rule they are not liable because of the so called doctrine of corporate entity which states that a corporation is a juridical person seperate and distinct from stockholders..so there is a barrier between the stockholders and the corporation...but there is an execption... the piercing the veil of the corporate entity which can disregard this barriers...examples of this is when the corporation protect fraud, justify wrong, defeat public convinience and defend crime
cameron b
yeah ur investing money into a company if the go out of busness u lose your money but if u do well ur they pay u back with the perecent u invested
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