If a public corporation goes bankrupt and does not have enough assets to pay off all creditors: a. the stockholders receive any dividends due before the other creditors are paid b. the stockholders cannot lose more than their investment. c. the stockholders are personally liable for the balance. d. the fact that stockholders are residual claimants means they may have to pay in additional capital to cover the obligations.

The federal reserve's organization while all members of the federal reserve board of governors vote at federal open market committee (fomc) meetings, only of the regional bank presidents are members of the fomc. the federal reserve's role as a lender of last resort involves lending to which of the following financially troubled institutions? u.s. banks that cannot borrow elsewhere governments in developing countries during currency crises u.s. state governments when they run short on tax revenues the federal reserve's primary tool for changing the money supply is . in order to decrease the number of dollars in the u.s. economy (the money supply), the federal reserve will government bonds.