If the Owners of a Corporation Don't File Their Annual

question 11

Multiple Choice

If the owners of a corporation don't file their annual paperwork, neglect to pay their annual fees, or commit fraud, a court could ignore the fact that a corporation has been established and the owners could be held personally liable for the actions of the corporation. This chain of effects is referred to as:

• A) vacating the corporate status
• B) yielding the corporate privilege
• C) surrendering the corporate shield
• D) piercing the corporate veil
• E) capitulating the corporate doctrine

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Definitions:

Experiment Design

The planning of an experiment to ensure it adequately addresses the research question, including the selection of variables, participants, and methods of data collection and analysis.

Cross-sectional

A type of observational study that analyzes data collected from a population, or a representative subset, at a specific point in time.

Panel

A group of the same individuals retained to answer questions over time.

Cohort

A group of people defined most typically by having an event in common.