If none of the aforementioned apply, the corporate veil can be broken.
<h3>When will the corporate veil be removed?</h3>
The respondent superior theory will allow a court to pierce the corporate veil and hold the principle vicariously liable when it finds that a corporation is acting as a shareholder's agent.
<h3>Can shareholders break through the corporate façade?</h3>
Owners, shareholders, or members of a corporation or LLC may be held personally responsible for the debts of the firm if a court is able to pierce the corporate veil. Therefore, in order to pay off the debt owed by the corporation, creditors may seize the owners' residence, bank account, investments, and other assets.
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Answer:
The study of human problems arising from organizational and interpersonal relations (as in industry).
Explanation:
When asked about his headquarters, Linus Torvalds said that it was only in his room, on his computer on top of his standing desk.
He is the only person that work there.
Linux is a popular open source program. Which means all of it's products are created for free by programmers who are willing to contribute.