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:

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Hermann Saint-Fleur · Accepted Answer

None of these

Hermann Saint-Fleur · Answer

A proportionate share of bondholder claims based on the number of common shares that you own.

Hermann Saint-Fleur · Answer

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

Hermann Saint-Fleur · Answer

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

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