Luke Is an Owner of Lucky Luke's Corporation

question 10

Multiple Choice

Luke is an owner of Lucky Luke's Corporation.Luke uses the corporate entity of Lucky Luke's to perpetuate fraud.In this case,a court is likely to expose Luke to personal liability by

• A)piercing the corporate veil.
• B) issuing a de facto judgment.
• C)issuing a de jure judgment.
• D)issuing a ultra vires judgment.

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Definitions:

Escalation

The process by which conflict, intensity, or severity increases or is perceived to increase.

Need for Stimulation

A psychological drive for sensory or intellectual arousal and experiences that are varied, novel, complex, and intense.

Social Approval

The act of seeking validation or acceptance from others in a social context.

Synthetic Ideas

Concepts or notions formed by combining different ideas, elements, or components in new and innovative ways, often leading to novel solutions or creations.