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Which statement is correct regarding shareholder liability for a corporation's debts? a.They are liable for income tax collected from employees and not remitted to the
Which statement is correct regarding shareholder liability for a corporation's debts?
a.They are liable for income tax collected from employees and not remitted to the government
b.None of the other answers is correct
c.The majority shareholder is liable for corporate debts that remain unpaid for six months
d.They are liable for corporate income taxes owed to the government
e.They are liable for six months worth of salaries owed to employees
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