Recycle Corporation is a private company with four shareholders who each own 25 common shares in the company. In June 2011 when they bought their shares, each shareholder paid $4,000 for their twenty-five shares.

In March 2014 Recycle Corporation was unable to pay a $100,000 negligence claim against it.

Does this mean that each shareholder will now have to w rite a cheque for $25,000 to help pay for the negligence claim? Why/Why not?