FULL SCREEN)PR?NTE R VERSION ,BACK na Question 1 Andy Eggers has invested $150,0

Question

FULL SCREEN)PR?NTE R VERSION ,BACK na Question 1 Andy Eggers has invested $150,00 in a privately held family corporation. The corporation does not do well and must dedare bankruptoy What amount does Eppers stand to oe? $100,000. O Up to his total investment of $150,000. O The $150,000 plus any personal assets the creditors demand. O Zero. Click if you would like to Show Work for this question: Open Show Work By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor Question Attempts: 0 of 5 used SAVE FOR LATERSUBHIT ANSWER Earn Maximum Points available only if you answer this question correctly in four attempts or less, 9:51 AM

Explanation / Answer

Option B is the answer

Up to his total investment of $150,000

Being the private limited Corporation, liability of owner is limited to the amount invested by them. So, according to this, liability of Andy Eggers is limited to his investment of $150,000. Personal assets of him cannot be held accountable.

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