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Pursuant to the __________ Theory,when a Corporation Is So Dominated

question 23

Multiple Choice

Pursuant to the __________ theory,when a corporation is so dominated and controlled by shareholders,officers,and/or directors that the separate personalities of the individuals and the corporation no longer exist and there is a wrongful use of that control,the courts will disregard the corporate entity so as not to sanction a fraud or injustice.


Definitions:

Substantially Reduced

Significantly decreased in amount, size, extent, or degree.

Employee's Hours

The total time an employee is engaged in work for an employer, typically measured per day or week.

Private Employers

Organizations or individuals that operate and manage businesses which are not owned or controlled by the government, responsible for hiring employees under private employment agreements.

Pension Plans

Financial programs that provide income during retirement, sourced from employer and employee contributions.

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