The fact that shareholders can limit their losses to that which they have paid, or have agreed
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The fact that shareholders can limit their losses to that which they have paid, or have agreed to pay, for their shares, is of great practical importance to potential shareholders.
Can you think of any practical benefit to a private-sector economy, in general, of this ability of shareholders to limit losses?
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Related Book For
Accounting And Finance For Non Specialists
ISBN: 9781292334691
12th Edition
Authors: Peter Atrill, Eddie McLaney
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