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Question
When a court finds that the shareholders of a corporation are using the corporate structure to shield themselves from liability when acting for purely for personal purposes, the court may disregard the corporate structure and impose personal liability on the shareholders treating them like partners. This is called:A.Cracking the corporate shell.
B.Piercing the corporate veil.
C.Breaking the corporate shield.
D.Breaching the corporate defense.
Answer
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Related questions
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