The final stage in the hierarchy of effects model is liking and/or preference

All of the following are reasons why mutual insurance companies convert to stock insurance companies EXCEPT

A) Stock companies can offer stock options to attract and retain key personnel. B) Stock companies can raise new capital more easily. C) Stock companies are exempt from state insurance regulation. D) Stock companies offer greater flexibility to expand through acquisitions.

Shareholders are not personally liable for the debts of a corporation

Indicate whether the statement is true or false