One Factor That Frequently Causes the Courts to Pierce the Corporate

question 63

True/False

One factor that frequently causes the courts to pierce the corporate veil is that a corporation was set up never to make a profit.

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Definitions:

Social Encouragement

The act of motivating or inspiring individuals through social interaction and support.

Respect

A feeling of deep admiration for someone or something elicited by their abilities, qualities, or achievements.

External Reinforcements

Rewards or punishments from the external environment that influence and shape behavior.

Social-cognitive Theory

A theory of learning that emphasizes the importance of observing, modeling, and imitating the behaviors, attitudes, and emotional reactions of others.