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What risk do stockholders face if a corporation goes bankrupt?
Stockholders face the risk of losing their investment if a corporation goes bankrupt.
What happens to my loan if a bank goes bankrupt?
If a bank goes bankrupt, your loan may be transferred to another financial institution or a government agency. You will still be responsible for repaying the loan, but the terms and conditions may change.
What happens to a loan if the bank that issued it goes bankrupt?
If the bank that issued a loan goes bankrupt, the loan may be transferred to another financial institution or a government agency. The borrower is still responsible for repaying the loan, but the terms and conditions may change.
What happens to my money if my bank goes bankrupt?
If your bank goes bankrupt, your money is typically protected by the government up to a certain limit, usually around 250,000 per depositor per bank. This means you should still be able to recover your funds, but it may take some time and paperwork to do so.
Who is responsible for a corporation debt?
the corporation
What risk do stockholders face if a corporation goes bankrupt?
Stockholders face the risk of losing their investment if a corporation goes bankrupt.
What happens to a player's properties if they go bankrupt in Monopoly?
When a player goes bankrupt in Monopoly, all of their properties and assets are returned to the bank.
What happens to my loan if a bank goes bankrupt?
If a bank goes bankrupt, your loan may be transferred to another financial institution or a government agency. You will still be responsible for repaying the loan, but the terms and conditions may change.
What does it mean when a bank fails?
It means a bank goes out of business or goes bankrupt.
What happens to a loan if the bank that issued it goes bankrupt?
If the bank that issued a loan goes bankrupt, the loan may be transferred to another financial institution or a government agency. The borrower is still responsible for repaying the loan, but the terms and conditions may change.
What happens to my money if my bank goes bankrupt?
If your bank goes bankrupt, your money is typically protected by the government up to a certain limit, usually around 250,000 per depositor per bank. This means you should still be able to recover your funds, but it may take some time and paperwork to do so.
What happens to my money if a bank goes bankrupt?
If a bank goes bankrupt, your money is typically protected up to a certain limit by the government through deposit insurance. This means you should be able to recover your funds, but it may take some time and there could be restrictions on the amount you can access.
Who is responsible for a corporation debt?
the corporation
Who is responsible for a corporation?
The corporation is responsible for the corporation's debt. Normally, there is a financial officer who pays the bills. If the corporation fails and goes bankrupt, people simply do not get paid. If the company is bankrupt and there is money, a judge appoints someone to pay according to a plan.
What happens to the government if a company goes bankrupt?
Nothing.
What happens if a bank goes bankrupt?
If a bank goes bankrupt, it means that it is unable to meet its financial obligations and may be forced to close. Depositors may lose their money, but most countries have deposit insurance to protect a certain amount of funds. The government may step in to bail out the bank or facilitate its orderly closure to minimize the impact on the financial system.
What happens if a bank goes bankrupt and how does it impact customers and the financial system?
If a bank goes bankrupt, it means it is unable to meet its financial obligations and may be closed down. This can impact customers as they may lose their deposits if the bank is unable to repay them. It can also have a ripple effect on the financial system, causing instability and potentially leading to a domino effect on other banks and institutions.
