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Which one of the following is the advantage of both a close corporation and company? a. The shareholders enjoy unlimited liability, meaning that they are
Which one of the following is the advantage of both a close corporation and company? a. The shareholders enjoy unlimited liability, meaning that they are not personally liable for the firms debts. b. The owners have unlimited liability, which guarantees that they cannot lose more than they invested. c. The shareholders have unlimited liability and total wealth can be taken to satisfy debts. d. The owners have limited liability, which guarantees that they cannot lose more
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