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Winston College 18. In general, creditors CAN go beyond the assets of the corporation and sue the shareholders to seek a return on the debt

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Winston College 18. In general, creditors CAN go beyond the assets of the corporation and sue the shareholders to seek a return on the debt from shareholders personal property a. True b. False 19. The ............. shareholders are investors who have been guaranteed to receive first an agreed percent of dividend when declared a. Common b. Preferred c. Guaranteed d. Regular 20. In some provinces, failure to file annual reports for a mentioned time will eventually cause the corporation to be removed from the lists resulting into dissolution of corporation a. True b. False Bonus Question 21. The ................ shareholder has NO right to vote in the annual general meeting of the shareholders of th corporation and elect the board of director a. Preferred b. Common c. Proxy d. Unauthorized

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