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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<u>Daoism </u>in China suggested that people should focus on the larger scheme of things, not daily concerns.
<u>Explanation</u>:
Daoism is a tradition or religious belief followed in China. This Chinese school of thought always highlights living in harmony. Daoists are people who believe Daoism.
Daoists believe that the minds of people will be free only if they avoid focusing on daily concerns. This will make people to accept greater understanding of the natural order. Daoists insists on focusing the larger scheme of things.
Daoists often uses the metaphor running water to explain how it benefits all creatures without competing.
Answer: India: August 15, 1947
Pakistan: August 14, 1947
Bangladesh: March 26, 1971
Sri Lanka: February 4, 1948
Explanation:
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Answer:
exchanging information or sending messages back and forth