Toby Solo

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a shareholder in Solo Services, Inc. One of the advantages of being a shareholder in a corporation is the

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liability of shareholders. The principle of limited shareholder liability means that shareholders are not personally liable for the debts of the corporation beyond

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$.$ If Solo Services, Inc., was dissolved, and assets were distributed, then Toby Solo likely

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the value of his investment. Toby Solo

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have had assets outside of the company that he would have been allowed to keep when the company was dissolved.