A Shareholder in a Professional Corporation Generally Cannot Be Held

question 12

True/False

A shareholder in a professional corporation generally cannot be held liable for torts committed by other professionals at the firm,including malpractice and breaches of duty to the firms' clients.

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Definitions:

Sleep Terrors

A sleep disorder involving intense fear, screaming, and flailing while asleep, often without waking fully.

Rapid-eye-movement Sleep

A phase of sleep characterized by rapid movements of the eyes, low muscle tone throughout the body, and the propensity of the sleeper to dream vividly.

Deep Sleep

A phase of sleep characterized by slow brain waves, known as delta waves, during which recuperation and memory consolidation occur.

Immaturity

A lack of development in emotional, physical, or intellectual aspects, resulting in behavior considered inappropriate for an individual's age.