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in your own words, explain how limited liability makes shares of common stock like an option. multiple choices are: limited liability creates a put option
in your own words, explain how limited liability makes shares of common stock like an option.
multiple choices are:
limited liability creates a put option that allows the owners to default by exercising the put option |
limited liability creates a call option that allows the owners to default by failing to exercise the option |
limited liability gives the owners the option to not fully repay the debt and give up control of the firm |
limited liability gives the owners the option to declare bankruptcy |
A and B |
A and C |
A and D |
B and C |
B and D |
C and D |
all but A |
all but B |
all but C |
all but D |
all are true |
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