Ram Is a Stockholder in Endrun Investments,which Is Organized as a Corporation.Endrun

question 52

Multiple Choice

Ram is a stockholder in Endrun Investments,which is organized as a corporation.Endrun recently lost a major court decision and will probably be forced into bankruptcy.In fact,the damages awarded are so great that,even if all of its assets are sold and the proceeds are used to pay its debts,Endrun is likely to still owe money to its creditors.If Endrun does go bankrupt,Ram and the other stockholders will:

• A)be entitled to full reimbursement of any investment losses.
• B)be personally responsible for all remaining debts.
• C)automatically qualify for federal reimbursement for any losses suffered by the firm.
• D)lose their investment but nothing else.

---

Definitions:

Allergies

Immune system responses to foreign substances that are typically harmless to the body, such as pollen, food, or dust.

Nausea

A sensation of discomfort in the stomach often accompanied by an urge to vomit.

American Medical Technologists (AMT)

A professional organization for allied health professionals that offers certification and continuing education.

Allied Health Professionals

Healthcare workers who provide a range of diagnostic, technical, therapeutic, and direct patient care and support services that are critical to the health care delivery system.