Which of the Following Statements Is Correct

question 96

Multiple Choice

Which of the following statements is correct?

• A)Shareholders have personal liability for a corporation's debts.
• B)Shareholders must obtain the consent of other shareholders to sell their shares or buy more shares.
• C)Limited liability partnership (LLP)partners have liability for their own actions and the actions of those under their control or supervision.
• D)Shareholders are legally prohibited from acting as an officer or employee of a corporation.

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Definitions:

Personal Media

Media content centered around individual interests and preferences, often created or curated by the individual themselves.

Surface Mail

A method of delivering physical postal packages or correspondence that travels by land and sea, typically slower than air mail.

Mass Media

Various media technologies that reach a large audience via mass communication, such as television, radio, newspapers, and the internet.

Wikis

Collaborative platforms or websites that allow users to create, edit, and manage content collectively.