A major characteristic of the corporation is its status as a separate legal entity. Thus, it must withstand attempts to pierce the corporate veil. The corporation that is least likely to withstand such attempts successfully is one that
A. Was formed for tax savings.
B. Was formed to insulate its owners from personal liability.
C. Is a wholly owned subsidiary.
D. Holds assets only to defraud creditors.
Answer: D. Holds assets only to defraud creditors.
Business
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All stakeholders must be treated the same.
a. true b. false
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Johnson Controls reached beyond selling climate-control equipment and components by selling the service of managing facilities in a way that optimizes energy use in heating and cooling. This is an example of providing ________
A) facilitating services B) a primary service package C) value-augmenting services D) service contracts E) service warranties
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