Setting the Protection of the Corporation Aside for Litigation Purposes,and

question 21

Multiple Choice

Setting the protection of the corporation aside for litigation purposes,and imposing liability on individual shareholders or entities that exist behind the corporation is called _____.

• A)ultra vires
• B)piercing the corporate veil
• C)strict foreclosure
• D)renunciation of a corporation
• E)takingover

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Definitions:

Hippocampus

A crucial part of the brain's limbic system involved in the formation of new memories and associated with learning and emotions.

Cortex

is the outer layer of the brain involved in high-level functions such as consciousness, thought, emotion, reasoning, language, and memory.

Neurons

Specialized cells within the nervous system that transmit information to other nerve cells, muscle, or gland cells.

Hippocampus

A region of the brain crucial for learning and memory.