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What amount does Person X stand to lose

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Reference no: EM132944284

Question - Person X has invested $200,000 in a privately held family corporation. The corporation does not do well and must declare bankruptcy. What amount does Person X stand to lose?

A. $100,000.

B. Up to his total investment of $200,000.

C. Zero.

D. The $200,000 plus any personal assets the creditors demand

Reference no: EM132944284

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