Which of the following is a criterion for a court piercing the corporate veil?
A) There is a judgment against the corporation that remains unpaid
B) The company is a mere sham of another entity and fraud or conduct similar to fraud is involved.
C) Unless this is done, creditors of the company will suffer hardship
D) The shareholders of the company have been adjudged bankrupt.
E) The corporation has refused to pay a debt
B
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Which of the following is the most appropriate definition of accounting information?
A. The information system that identifies, records, and communicates the economic events of an organization to interested users B. A means of collecting information C. The interconnected network of subsystems necessary to operate a business D. Electronic collection and organization of vast amounts of financial information
The FranklinCovey Style Guide is ________________ style guide
a. a discipline-based b. a general c. an academic d. a simplified