1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
defon
3 years ago
6

When a court finds that the shareholders of a corporation are using the corporate structure to shield themselves from liability

when acting for purely for personal purposes, the court may disregard the corporate structure and impose personal liability on the shareholders treating them like partners. This is called:
Social Studies
1 answer:
Burka [1]3 years ago
7 0

The correct answer would be, Piercing the Corporate Veil.

The court may disregard the corporate structure and impose personal liability on the shareholders treating them like partners. This is called as Piercing the Corporate Veil.

Explanation:

A corporation is a form of business in which there are officers called as the board of directors, who run the business as a separate legal entity.

There are shareholders in the corporation who have their shares or stakes in the company.

When a court finds that the shareholders of a corporation are using corporate structure as a shield from liability when acting purely for personal purposes, then in this situation, the court holds the shareholders and directors, personally liable for their actions and debts. This is called as Piercing the Corporate Veil.

Learn more about Piercing the Corporate Veil at:

brainly.com/question/13800014

#LearnWithBrainly

You might be interested in
What would happen if members of parliament were paid to serve the government?
Vladimir79 [104]
<span>If the Members of Parliament (MPs) were paid to serve the government they would be bound to approve of all the actions taken by the executive branch of the government. This is not what is intended in a parliamentary democracy. Here the MPs are intended to be representatives of the people in the constituency from which they have won an election from. So, it naturally follows that the MPs are paid to serve the people by legislating laws in the parliament and by acting as a check to make sure that the decisions of the government reflects the will of the people.</span>
5 0
3 years ago
The ______________ was formed in 1931 to investigate the rising crime rates, which ultimately directed police away from the serv
ycow [4]

Answer:

Wickersham Commission is the correct answer.

Explanation:

Wickersham Commission was a board appointed on the 20th of May in the year 1929 by the president of U.S. herbert hoover.

Wickersham Commission's purpose was to do investigate the problems arising because of crime rates and also to look into the problems in the criminal prosecution system.

3 0
4 years ago
The term _____ is used for a person possessing two different alleles
tigry1 [53]
<span>Heterozygous would be the correct term. This takes place when a pair of genes has one dominant and one recessive trait, meaning they are different. The prefix to the word heterozygous is hetero- , which specifically indicates that things are different.</span>
7 0
3 years ago
What Is Examples Of unruly behavior
Alenkasestr [34]
<span>Running around in an airport, crawling around under a table in a restaurant, running out of a door of a restaurant while your parents are outside, kicking and screaming in a grocery cart, talking loudly during a speech or concert and, finally, having your cell phone ring and answering it in a restaurant, theater or work.</span>
8 0
3 years ago
Read 2 more answers
What is the pre-money valuation of newco in connection with its series b financing?
arlik [135]

The pre-money valuation of newco in connection with its series b financing is In Series B, the investors give NewCo a $48 million pre-money valuation. The Series B financing is $20 million.

Finance, financing, is the process of raising a budget or capital for any sort of expenditure. it's far the process of channeling diverse price ranges in the form of credit scores, loans, or invested capital to the ones monetary entities that maximum need them or can put them to the maximum efficient use.

Finance is taking a look at an area of cash, currency, and capital belongings. it's far related with, but no longer synonymous with economics, the look at manufacturing, distribution, and intake of money, assets, items, and services.

There are only three types of financing to be had for a small business proprietor: debt financing, fairness financing, or an aggregate of the two. Debt financing comes from banks, government mortgage packages, or anybody you could convince to lend you cash, to be repaid over a period of time with a hobby.

Learn more about financing here brainly.com/question/13375913

#SPJ4

8 0
2 years ago
Other questions:
  • Jarrod reports feeling that his life is going well overall. He experiences many desirable and pleasant emotions on a daily basis
    6·1 answer
  • Who is the President of the United States of America​?
    11·2 answers
  • Imagine that the vaule of the us dollar rises compared to the canadian dollar for many months ,what effect is this likley to hav
    13·1 answer
  • __________ share a causal relationship.
    8·2 answers
  • Julia has type A blood and Julia's father has type O blood. Jesse has type AB blood. If Julia and Jesse have a child, what is th
    10·1 answer
  • Although he founded functionalism and its emphasis on social order, sociologist Emile Durkheim observed that rapid social change
    8·1 answer
  • Marsha is a school social worker and has been asked to talk to a group of high school teachers about body dissatisfaction and di
    6·1 answer
  • In a study conducted by Singer and colleagues that utilized an fMRI, the pain imagined by an empathic romantic partner triggered
    12·2 answers
  • Was travel by caravan worth the risk? Support your opinion.
    8·1 answer
  • 2 examples of sectarianism​
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!