Courts may "pierce the veil" of a "C" corporation and hold shareholders liable for the debts of the corporation.

a. true
b. false

Ans: b. false

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By making a plea of ________, the defendant does not admit ________ but agrees not to contest the charges

A) negligence per se; liability B) post hoc ergo propter hoc; liability C) res ipsa loquitur; guilt D) nolo contendere; guilt

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The Euro increased dramatically in value against the U.S. dollar between 2000 and 2009. The result

has been that A) U.S. exports are more competitive in Europe. B) U.S. travelers are finding it less expensive to travel in Europe. C) European exports to the United States are more competitive. D) U.S. goods cost more in Europe.

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