When a bank evaluates a person for a loan, what does the word "capacity" refer to? D. The ability to make payments on time
Which federal agency insures savings deposits? D. The Federal Deposit Insurance Corporation
Unions have been in decline since the 1960s because of C. Americans finding union jobs to be too difficult
If i'm not mistaken, the European Union practices a Federal government structure :)
<span>A nomination for the Supreme Court is still subject to a “cloture” vote that formally ends the Senate's debate over the judge. Sixty yes-votes are needed to end the debate. If 60 Senators vote to end the debate, the nominee is confirmed by a simple majority vote of the full Senate.</span>
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:
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