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Thank you, so startup company doesnt have to pay anything back if they have $0 in assets and failed? Am I right? In a usual use case of course.
by nmbdesign 13y ago
Thank you, so startup company doesnt have to pay anything back if they have $0 in assets and failed? Am I right? In a usual use case of course.
- smileysteve 13y agoYou are right. The outside case for this is if you use your personal credit to secure an office building, car, or other loans (bank)