In the event of bankruptcy, owners of joint-stock companies lose

  • A their private properties
  • B both company and private assets
  • C only the capital invested
  • D only their dividends
jamb 2022english-language

The correct answer is C. only the capital invested

In the event of bankruptcy, owner of joint stock/limited liability companies loses only the amount invested in the company. They cannot lose their personal or private properties.

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