what happens when you buy a comapnies stock and the literal company building gets destroyed by something like a explosion in the morning and stops existing? are in some way insured by that? force majore?

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Anonymous Wed Jan 17 15:28:00 2024 No.57322600 [Reply] [Original]

what happens when you buy a comapnies stock and the literal company building gets destroyed by something like a explosion in the morning and stops existing? are in some way insured by that? force majore?

>>	Anonymous Wed Jan 17 15:32:41 2024 No.57322657 If someone kills the CEO of your invested company you are forced to pay for the new one. Don’t know about buildings though good question.

>>	Anonymous Wed Jan 17 15:35:11 2024 No.57322675 >>57322600 stock would most likely be halted debt collectors asses the damage & books bond holders probably get (some) money back stock holders most likely end up with no money or very little

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/biz/ - Business & Finance