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

question 66

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 events 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

---

Definitions:

D4 Dopamine Receptor

A receptor for dopamine that plays a role in the modulation of neurotransmission in the brain, influencing cognition, emotion, and motor activity.

Neurotransmitters

Chemicals in the nervous system that transmit signals across neurons, influencing mood, thought processes, and bodily functions.

Clozapine

An antipsychotic medication used primarily in the treatment of schizophrenia, particularly in individuals who have not responded to other medications.

Double Bind

A psychological predicament in which an individual receives two or more conflicting messages, and one message negates the other, making it difficult to appropriately respond.