Although a major advantage of the corporate form of entity is the liability protection for its principals, there are some cases where a court will disregard the corporate entity and allow a creditor or judgment holder to reach through the corporation to the personal assets of its principals.
a) this is called piercing the corporate veil and may result in significant liability for the corporation's principals.
b) ultimately, the law provides a fairness standard for when the corporate veil should be pierced.
c) business owners and managers can limit liability and control risk by understanding the circumstances under which a court will pierce the corporate veil.
Answers: 2
Business, 22.06.2019 19:10
Do it! review 16-3 the assembly department for right pens has the following production data for the current month. beginning work in process units transferred out ending work in process 0 22,500 16,000 materials are entered at the beginning of the process. the ending work in process units are 70% complete as to conversion costs. compute the equivalent units of production for (a) materials and (b) conversion costs. materials conversion costs the equivalent units of production
Answers: 2
Business, 22.06.2019 19:30
Which of the following occupations relate to a skill category of words and literacy
Answers: 1
Business, 22.06.2019 22:50
Total marketing effort is a term used to describe the critical decision factors that affect demand: price, advertising, distribution, and product quality. define the variable x to represent total marketing effort. a typical model that is used to predict demand as a function of total marketing effort is based on the power function: d = axb suppose that a is a positive number. different model forms result from varying the constant b. sketch the graphs of this model for b = 0, b = 1, 0< b< 1, b< 0, and b> 1. (we encourage you to use excel to do this.) what does each model tell you about the relationship between demand and marketing effort? what assumptions are implied? are they reasonable? how would you go about selecting the appropriate model?
Answers: 1
Although a major advantage of the corporate form of entity is the liability protection for its princ...
Mathematics, 20.10.2020 03:01
Mathematics, 20.10.2020 03:01
SAT, 20.10.2020 03:01
Mathematics, 20.10.2020 03:01
Biology, 20.10.2020 03:01
Mathematics, 20.10.2020 03:01
Chemistry, 20.10.2020 03:01
Mathematics, 20.10.2020 03:01
Mathematics, 20.10.2020 03:01
SAT, 20.10.2020 03:01
Computers and Technology, 20.10.2020 03:01
Biology, 20.10.2020 03:01