Casimir purchased 1,000 shares in Course Developers for $10,000 on August 1, 2020. The company went bankrupt on May 11, 2021 with no hope of recovery for the shareholders. On what date is the stock deemed to be worthless and what is the nature of the loss?  

Answer rating: 100% (QA)

Casimirs Course Developers Stock Loss Date of Worthlessness While there is no specific legal date fo... View the full answer