Question and answer
Shareholders are ultimately responsible for the daily management of the company, including investment and policy decisions. A. True B. False
Shareholders are ultimately responsible for the daily management of the company, including investment and policy decisions. FALSE.
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Asked 1/20/2013 1:26:51 PM
Updated 11/20/2016 12:47:39 PM
1 Answer/Comment
Flagged by emdjay23 [11/19/2016 3:08:11 PM], Edited by Andrew. [11/20/2016 12:47:38 PM], Unflagged by Andrew. [11/20/2016 12:47:39 PM]
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Shareholders are ultimately responsible for the daily management of the company, including investment and policy decisions. FALSE.
Added 11/19/2016 3:08:11 PM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [11/20/2016 12:47:40 PM]
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Questions asked by the same visitor
Which of the following is not characteristic of a general partner? A. responsible for providing capital to start up a business B. participates in the daily management of the business C. unlimited liability for partnership debts and losses D. not liable for partnership debts beyond their capital contribution
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Updated 11/27/2014 8:29:54 AM
1 Answer/Comment
Responsible for providing capital to start up a business not liable for partnership debts beyond their capital contribution.
Added 11/27/2014 8:29:54 AM
This answer has been confirmed as correct and helpful.
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