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Business, 24.03.2020 02:26 lizzy6629

Tony is the sole shareholder of O. K. Oil Corporation. Tony uses O. K's funds to pay his personal expenses and to create Pure Fuel Corporation to engage in the same business as O. K. Oil. He then transfers all of O. K. Oil's assets to Pure Fuel. Tony then files/petitions O. K. Oil into bankruptcy. These actions would most likely cause:a. a bonus to Tony for financial maneuvers b. a discharge for O. K. in bankruptcy c. a pierce of the corporate veil. d. a review of Pure Fuel's articles of incorporation

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Tony is the sole shareholder of O. K. Oil Corporation. Tony uses O. K's funds to pay his personal ex...
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