What would happen if a corporation goes out of business?
What will be an ideal response?
The assets of the corporation would be sold and the bondholders would receive the funds due them. Any funds left over would be divided among the shareholders. Firms must pay their obligations to bondholders before stockholders get money.
Economics
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If the price elasticity of supply for a good is 10, then supply is
A) elastic. B) inelastic. C) unit elastic. D) perfectly elastic. E) perfectly inelastic.
Economics
A trade deficit means that net exports are positive
a. True b. False Indicate whether the statement is true or false
Economics