Does A Corporation Can Be Held Liable For Personal Indebtedness Of A Shareholder?
Does A Corporation Can Be Held Liable For Personal Indebtedness Of A Shareholder? Does a corporation can be held liable for personal indebtedness of a shareholder? A corporation is an incorporated entity designed to limit the liability of its owners (called shareholders). Generally, shareholders are not personally liable for the debts of the corporation. Creditors