Question: Which statement is correct regarding shareholder liability for a corporations debts? a. They are liable for income tax collected from employees and not remitted to
Which statement is correct regarding shareholder liability for a corporations debts?
a.
They are liable for income tax collected from employees and not remitted to the government
b.
They are liable for six months worth of salaries owed to employees
c.
Only the majority shareholder is liable for a corporations debts
d.
They are liable for corporate income taxes owed to the government
e.
None of the other answers is correct
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