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:

Paraprofessionals

Trained aides who assist professionals, particularly in educational, legal, and health care settings, but do not have the full professional qualifications.

Therapeutic Alliance

A bond of trust and mutual understanding between a healthcare provider and a patient, critical for effective therapy.

Collectivism

Giving priority to the goals of one’s group (often one’s extended family or work group) and defining one’s identity accordingly.

Individualism

A sociopolitical concept that champions individual rights above the influence or regulation by state or communal organizations.