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:

False Positive

An error in data reporting in which a test result improperly indicates presence of a condition (such as a disease) when it is not actually present.

Active System

Refers to systems or components in technology or biology that require energy input to operate and actively control or effect changes.

Organizes

The act or process of arranging, structuring, or classifying information, objects, or events based on similarities, differences, or specific criteria.

Retrieves

The act of getting something back from a place or bringing something to mind from memory.