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Which of the following is FALSE concerning the benefits of common shares? Common shareholders have unlimited liability (They can be sued if the company cannot
Which of the following is FALSE concerning the benefits of common shares? Common shareholders have unlimited liability (They can be sued if the company cannot pay its obligations) When an existing shareholder sells his shares to another individual the company's cash flow is unaffected Shareholders have last claim on corporate assets in case of bankruptcy. Common shareholders are owners of the company
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