The shareholders of a corporation are not personally liable for the debts of that corporation

Indicate whether the statement is true or false

TRUE

Business

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Corporate officers have the implied powers to bind the corporation in matters directly connected w/ the ___________________ affairs of the enterprise unless it will greatly affect the corporate purpose or undertaking, such as the sale of substantial corporate assets.

Fill in the blank(s) with the appropriate word(s).

Business

The period during which a surviving spouse is ineligible for Social Security benefits is referred to as the

A) emergency period. B) readjustment period. C) dependency period. D) blackout period.

Business