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A corporation in which you are a shareholder has just gone bankrupt. Its liabilities are far in excess of its assets.You will be called on to pay:

1) a proportionate share of bondholder claims based on the number of common shares  that you own.

2) a proportional share of all creditor claims based on the number of common shares that you own.

3) an amount that could, at most, equal what you originally paid for the shares of common stock in the corporation.

4) nothing.

 

 

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Question added by Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company
Date Posted: 2015/03/21
Sara Naeem
by Sara Naeem , Trainee Finance officer , Wah Brass Mill

Nothing............................

Deleted user
by Deleted user

A corporation in which you are a shareholder has just gone bankrupt. Its liabilities are far in excess of its assets.You will be called on to pay:  Nothing

Wasi Rahman Sheikh
by Wasi Rahman Sheikh , WAREHOUSE SUPERVISOR , AL MUTLAQ FURNITURE MFG

AGREED WITH MR. EMAD <<<<<<<<<<<<<<<<

Deleted user
by Deleted user

It's dificult for me to find the correct answer

I think   No thing

Emad Mohammed said abdalla
by Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company

>>>>>The answer will be    4) nothing.

 

tyron joseph
by tyron joseph , Sales Executive , DIGITAL GLOBE SERVICES

4) Nothing. Because as a shareholder you are only entitled to profits of a company. Not losses

Vinod Jetley
by Vinod Jetley , Assistant General Manager , State Bank of India

4) nothing.

 

is the correct answer.

Alex Al Yazouri
by Alex Al Yazouri , General Manager , Al Mushref Cooperative Society

4) nothing.

You are not liable for their losses.

khaled elkholy
by khaled elkholy , HR MANAGER , misk for import & export

4 . nothing correct answer ........................................