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.
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Corporations and the U. S. Government sometimes need to get their hands on funds quickly because most of their funds are held in a highly illiquid investment.
Understanding illiquid investments are crucial to erecting a well-balanced and diversified investment portfolio.
To be sure, the idea of tying up investment capital several times can be discouraging for numerous beginning investors. Especially for those who have short-term cash requirements, or people who aren't comfortable with unresistant investments held for the long term.
While it's always nice to be suitable to snappily convert an asset into cash. There are some veritably good reasons why an educated investor might choose to place some capital in an illiquid investment.
In this composition, we will explain how illiquid investments work. What are some of the reasons why people use illiquid investments? As well as how to determine if an illiquid investment is right for you.
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Answer:
The first Continental Congress
Explanation:
The letter was made as a form of protest toward the oppression that the British imposed to the colonies. The high tax that the king made the colonies pay made it really hard for them to earn enough profit to survive.
In the letter, the Congress stated that if not because this act of oppression, the colonies probably will keep being a loyal subjects to the empire. But since the British Empire refused to address this issue, it eventually led to the war for independence.
Answer:
From the early 1820s to the late 1850s, American architecture was dominated by the Greek Revival style. The style's popularity stemmed from the American appreciation of ancient Greek democracy and identification with the 19th century Greek struggle for independence against the Ottoman empire.
Explanation:
From the early 1820s to the late 1850s, American architecture was dominated by the Greek Revival style. The style's popularity stemmed from the American appreciation of ancient Greek democracy and identification with the 19th century Greek struggle for independence against the Ottoman empire. As the style developed, American architects incorporated elements of classical Greek architecture into their designs, intending Greek Revival style to visually evoke the strength, majesty and values associated with ancient Greece.
