Need help quiz 5

[Darryl, Donna, Brianna & Mackenzie Eckhardt]

Need help on this one – can’t figure it out

 

Which of the following is true about the so-called or illusory benefits of a corporation?

Answer

		The corporate vehicle makes it easier to raise capital from investors.
		Shareholders may become personally liable for the corporation’s debts if they provide a personal guarantee.
		Separate corporate existence means that income from separate corporations are treated separately.
		The shares of a corporation are easily transferable to others.

 

Thanks

Donna

 

[mper...@gmail.com]

Second option- shareholders may become personally liable for the corporations debts if they provide a personal guarantee

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From: "Darryl, Donna, Brianna & Mackenzie Eckhardt" <deck...@bellaliant.net>

Sender: lw1-s...@googlegroups.com

Date: Mon, 13 Aug 2012 18:33:41 -0300

To: <lw1-s...@googlegroups.com>

ReplyTo: lw1-s...@googlegroups.com

Subject: {LW1 Summer} Need help quiz 5

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[Darryl, Donna, Brianna & Mackenzie Eckhardt]

Thanks, that is what I thought, but I second guessed myself

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