MCQOPTIONS
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| 1. |
Under which of the following concepts are shareholders treated as creditors for the amount they paid on the shares they subscribed to? |
| A. | Cost Concept |
| B. | Duality Concept |
| C. | Business Entity Concept |
| D. | Since the shareholders own the business, they are not treated as creditors |
| Answer» C. Business Entity Concept | |