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What is the financial impact on owners when a corporation is sued and loses its case?
When a corporation is sued and loses the case, the financial impact on its owners primarily manifests through potential monetary damages awarded to the plaintiff, which the corporation must pay. This can lead to a decrease in the corporation's assets, affecting overall profitability and shareholder value. Additionally, the legal costs associated with the lawsuit can further strain the corporation's finances. In severe cases, repeated losses can harm the corporation's reputation and its ability to attract future investors.
What else can I help you with?
If a corporation is sued for selling unsafe products and loses the suit and is held liable who is responsible for the debt?
the shareholders
Is a car a good investment?
A car is not typically considered a good financial investment because it loses value over time due to depreciation. However, it can be a necessary and convenient purchase for transportation purposes.
What does it mean when a share loses value?
the popularity of the company selling the shares has gone down ... if you are considering buying DO THEM WHEN THEY GET LOW!!!!!
If a mutual fund loses 30 percent what percentage gain is needed to brake even?
42.85% of the new balance
Who says Neither a borrower nor a lender be For loan oft loses both itself and friend and borrowing dulls the edge of husbandry?
Shakespeare
Is an S Corporation a Non Profit?
No, the S Corporation is a profit corporation. Whenever they make loses or profits, it is usually divided among the shareholders.
If a corporation is sued for selling unsafe products and loses the suit and is held liable who is responsible for the debt?
the shareholders
What are the release dates for D-C- Follies - 1987 Nixon Gives Fred Financial Advice--- and He Loses His Shirt 1-8?
D-C- Follies - 1987 Nixon Gives Fred Financial Advice--- and He Loses His Shirt 1-8 was released on: USA: 3 November 1987
Is the purpose for life insurance to provide protection against financial loses?
Life insurance policy covers protection against loss of lives only and not against any financial losses incurred whatsoever.
What were the drawbacks in the regulating act of 1773 which the pitts Indian act sought to remove?
it was passed because of corruption and nepotism in east india company and huge financial loses.
When a person is given free shares and the company sustain loses what is that person's financial responsibility?
The whole point of incorporating and having shareholders is that the shareholders are insulated from corporate losses. Their potential loss is limited to the amount they paid for the shares. Since in this case that was "nothing", his financial responsibility is that he might lose "nothing."There are some exceptions to this general rule that are designed to keep you from "gaming the system". It may help to give an example.Let's say you're a doctor. You decide to form a corporation in which you are the sole owner. You are also an (maybe the only) employee of that corporation, and in the course of your doctoring you, I don't know, cut off someone's foot and reattach it to the middle of his forehead accidentally. He sues for malpractice and wins. Your personal assets, not just the assets of the corporation, may be at risk, because by any reasonable standard in this case "you" and "the company" are one and the same.
What is it called when water loses it oxygen?
When water loses its oxygen, it is termed as deoxygenation. This can lead to lower levels of dissolved oxygen in the water, which can negatively impact aquatic life and ecosystems. Factors such as pollution, excessive plant growth, and high temperatures can contribute to deoxygenation in water bodies.
Does that father have to pay child support if he loses joint legal custody?
The fathers financial responsibility to his children does not end because the courts have decided that custody should go exclusively to the mother or others.
Is a car a good investment?
A car is not typically considered a good financial investment because it loses value over time due to depreciation. However, it can be a necessary and convenient purchase for transportation purposes.
Who loses his will to live when he loses his faith in God?
Not you my friend.... not you
The body loses sweat it also loses?
Electrolytes.
What is penalty if coach loses a challenge for touchdown?
If a coach loses a challenge of any kind, his team loses a time out.
