Which of the Following Is the Reason Why Alter Ego

question 75

Multiple Choice

Which of the following is the reason why alter ego companies come under the purview of piercing the company veil?

• A) because the company has no decision-making power independent of its parent company
• B) because the company had insufficient capital when being formed
• C) because the shareholders use company assets for personal benefit
• D) because the shareholders of that company assumes personal liability

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