Which of the Following Is Not a Factor That May

question 22

Multiple Choice

Which of the following is not a factor that may lead to "piercing the corporate veil" and imposing liability on corporate owners (shareholders) ?

• A) grossly inadequate capitalization of the corporation
• B) formation of the corporation to avoid personal liability for business obligations
• C) formation of the corporation to perpetuate a fraud or conceal illegality
• D) shareholder diversion of corporate funds or assets

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Definitions:

Computer's Operation

The functional processes and calculations performed by a computer in order to execute commands and run software applications.

Relearning

The process of learning material or skills that were previously learned and then forgotten, often facilitated by recognition of familiar aspects.

Algebra

A branch of mathematics dealing with symbols and the rules for manipulating these symbols; it is a unifying thread of almost all of mathematics.

Fill-In-The-Blank

A type of question or test item where participants must provide missing words or information in a sentence.