Cheyenne has invested $ 470000 in a privately held family corporation. The corporation does not do well
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Question:
Cheyenne has invested $470000 in a privately held family corporation. The corporation does not do well and must declare bankruptcy. What amount does Cheyenne stand to lose?
Zero.
Up to his total investment of $470000.
The $470000 plus any personal assets the creditors demand.
Related Book For
Managing Supply Chain and Operations An Integrative Approach
ISBN: 978-0132832403
1st edition
Authors: Thomas Foster, Scott E. Sampson, Cynthia Wallin, Scott W Webb
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