Question
In a public company, Shareholders have limited liability and are not personally liable for the debts of the business.
True
False
True
False
Answers
GPT-4o mini
True
In a public company, shareholders typically have limited liability, meaning they are not personally responsible for the debts and obligations of the company beyond their investment in the company's shares.
In a public company, shareholders typically have limited liability, meaning they are not personally responsible for the debts and obligations of the company beyond their investment in the company's shares.