In the 1830s, limited liability laws were developed in the United States, which

A. prevented a corporation from being dominated by a small group of stockholders.
B. protected corporations from liability lawsuits.
C. restricted the amount of capital a corporation could possess.
D. meant stockholders could not be charged with losses greater than their investment.
E. protected the stockholders' full investment in a company.


Answer: D

History

You might also like to view...

The Black Death refers to:

A. the famine that occurred from 1315 to 1317 B. a virulent plague that struck fourteenth century Europe. C. a disease transmitted through African slaves. D. the collapse of the European economy in the fourteenth century. E. a heretical sect of Gnostic Christians.

History

Lyndon Johnson's program to strengthen the United States internally was referred to as the

a. Strategic Initiative. c. Great Society. b. New Deal. d. Great Leap Forward.

History

The magisterial office known as the ________ had a five-year term and the power to remove senators from office for immoral behavior

Fill in the blank with correct word.

History

Guglielmo Marconi is significant for his invention of

a. telefacsimile. b. gramophone. c. wireless communication. d. moving pictures. e. vacuum cathode tubes.

History