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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:

Social Justice

The pursuit of equality and fairness within society, particularly regarding the distribution of wealth, opportunities, and privileges.

Moral Guide

A set of principles or values that influence an individual's choices and behaviors, often based on societal, cultural, or personal beliefs.

Private Law

The branch of law that deals with relationships between individuals or institutions, rather than relations between these and the state.

Disputes

Conflicts or disagreements, often arising from differences in opinion, interests, or interpretations between individuals or organizations.

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