If a Shareholder Supplies Needed Material to the Business Then

question 379

Multiple Choice

If a shareholder supplies needed material to the business then he:

• A) will become a creditor of the corporation, but will not enjoy the same rights of recovery against the corporation as any other creditor
• B) will not officially become a creditor of the corporation, but will enjoy the same rights of recovery against the corporation as any other creditor
• C) will be removed from the corporation
• D) will be forced to sell his shares in the company
• E) none of the other choices are correct

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Definitions:

Health

The state of complete physical, mental, and social well-being, not merely the absence of disease or infirmity.

Wellness

An active process of becoming aware of and making choices toward a healthy and fulfilling life; it encompasses physical, mental, and social well-being.

Variables

Elements, characteristics, or factors that can change or vary, often used in research to determine relationships or outcomes.

Average Age

The mean age of a particular population, calculated by dividing the total age of all individuals by the number of individuals in the group.