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1. Explain three situations when a director of a corporation may be personally liable. (3 Marks) 2. Explain how a limited partner is able
1. Explain three situations when a director of a corporation may be personally liable. (3 Marks) 2. Explain how a limited partner is able to limit his personal liability for business debts. (3 Marks)
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Intermediate Accounting
Authors: Earl K. Stice, James D. Stice
19th edition
1133957919, 978-1285632988, 1285632982, 978-0357691229, 978-1133957911
