Business Law

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Sal is a shareholder in XYZ Corporation. XYZ Corporation made defective products, and many individuals have filed lawsuits due to the defects. As a shareholder, Sal may

A. not be held personally liable for the defects.

B. be held personally liable only if the corporation was aware of the defects.

C. be held personally liable for the defects.

D. be held personally liable only if the plaintiffs name Sal as a defendant.

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