Under the corporate form of business organisation shareholders wishing to sell their company's shares must...

60.1K

Verified Solution

Question

Accounting

image

Under the corporate form of business organisation shareholders wishing to sell their company's shares must get the approval of other shareholders shareholders' acts can bind the company even though the shareholders have not been appointed as agents of the company a shareholder is personally liable for the debts of the company ownership rights are easily transferred between owners

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students