Most checkable deposits are insured up to $250,000 by

In the United States in 2011, the bottom fifth of the income distribution had incomes below $27,218

a. True b. False Indicate whether the statement is true or false

Limited liability rules:

A. mean that bankrupt companies owe nothing to corporate bondholders. B. discourage investment in corporate stock. C. help prevent corporate fraud. D. encourage stock investing by limiting shareholder risk of loss.