The Liability of Shareholders Is

question 103

Multiple Choice

The liability of shareholders is

• A) similar to the liability of the owners of a partnership.
• B) similar to the liability of the owner of a proprietorship.
• C) equal to an amount sufficient to satisfy all creditors.
• D) limited to their property or service invested in the corporation.

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Definitions:

Change Agents

Experts in the application of behavioural science knowledge to organizational diagnosis and change.

OD Intervention

Strategies and activities designed to improve the health, performance, and effectiveness of organizations.

Diagnosis

The process of identifying and deciding on the nature of a problem or disease based on its symptoms.

Institutionalization

The process by which certain practices or norms become established and accepted in an organization or society as a whole.