Examlex
The maximum amount of money that company shareholders can lose on their investment in the corporation is:
Contractual Duty
A legal obligation in a contract requiring a party to act or not act in a certain way.
Statute of Limitations
A statute that establishes the deadline by which legal cases must be filed after an incident occurs.
Discharge
The release or elimination of an obligation, such as a debt, under the law.
Contract
A legally binding agreement between two or more parties, typically involving the exchange of goods, services, money, or promises.
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