Examlex
When measuring resistance across a normally closed pressure switch, the reading should go:
Piercing
Piercing, often related to "piercing the corporate veil," refers to the legal decision to treat the rights or duties of a corporation as the rights or liabilities of its shareholders or directors.
Corporate Veil
A legal concept that separates the actions and liabilities of a corporation from those of its shareholders or directors.
Personal Liability
The legal responsibility of an individual to satisfy debts or obligations from personal assets, not protected by limited liability through a corporate structure.
Incorporators
Individuals involved in forming a corporation, who sign the articles of incorporation and may act as temporary directors until a board is elected.
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