What Are the Factors Considered by a Court on Whether

question 47

Essay

What are the factors considered by a court on whether the court should pierce the corporate veil?

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Definitions:

Social Overhead Capital

Public infrastructure investments made by the government or public sector, essential for economic development, such as roads, schools, and hospitals.

Economic Growth

An increase in the amount of goods and services produced per head of the population over a period of time, often reflected in an increase in the GDP.

Social Overhead Capital

Capital invested in public infrastructure and services such as transportation, utilities, and education systems, essential for economic development.

Power Plants

Facilities that generate electricity by converting various forms of energy into electrical power.