What is meant by a stockholders\' limited liability? A. That the stockholders le

Question

What is meant by a stockholders' limited liability? A. That the stockholders legal liability extends to all personal assets as well. B. That the stockholders legal liability extends only to the debt owned. C. That the stockholders legal liability extends only to the captial contributed or the amount invested. D. None of the above. What is meant by a stockholders' limited liability? A. That the stockholders legal liability extends to all personal assets as well. B. That the stockholders legal liability extends only to the debt owned. C. That the stockholders legal liability extends only to the captial contributed or the amount invested. D. None of the above. A. That the stockholders legal liability extends to all personal assets as well. B. That the stockholders legal liability extends only to the debt owned. C. That the stockholders legal liability extends only to the captial contributed or the amount invested. D. None of the above.

Explanation / Answer

C. That the stockholders legal liability extends only to the captial contributed or the amount invested.

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