What are the factors considered by a court on whether the court should pierce the corporate veil?
What will be an ideal response?
If a corporation fails to operate as an entity that is separate from its owners, creditors may pierce the corporate veil. In deciding whether to pierce the corporate veil, the court may look at such factors as:
• Did the corporation observe corporate formalities such as holding meetings?
• Did the corporation keep separate bank accounts?
• Were corporate funds used for corporate rather than personal purposes?
• Was the corporation undercapitalized?
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What is the cumulative project budget for September in this time-phased budget?
Activity July August September October November RFP 34,721 Analysis 11,049 33,655 34,388 Design 33,718 34,474 26,759 36,328 Coding 7,713 34,905 40,244 Testing 40,916 896 Training 20,958 9,327 Roll-Out 8,186 A) $96,052 B) $155,330 C) $152,927 D) $251,382
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pay interest is called a ________. A) money market mutual fund B) deposit rate ceiling C) sweep account D) disintermediation