When Shareholder-Managers Pay Themselves Excessively High Salaries or Have the Corporation

question 36

Multiple Choice

When shareholder-managers pay themselves excessively high salaries or have the corporation pay their personal credit card bills,this is an example of:

• A)circumventing a statute.
• B)looting.
• C)creditor domination.
• D)thin capitalization.

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Definitions:

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The initial language a person learns from birth, which often forms the foundation of their linguistic and communicative abilities.

Sequence

An ordered list of items or events arranged in a specific linear sequence.

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