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True or false 1- If business bankrupt, creditors must paid in full. 2- If business bankrupt, stockholders might not get the full capital back. 3-

True or false
1- If business bankrupt, creditors must paid in full.
2- If business bankrupt, stockholders might not get the full capital back.
3- The main objective of the finance manager to maximize the shareholders wealth.
4- A service is intangible, can only be felt and not touched.
5- Corporations generally receive more favorable tax treatment than sole proprietorships and Partnerships.

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