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It is said that the Cou...
Law, 14.12.2021 17:40 isabellemaine
Answer questions using the
guide for answering legal questions.
It is said that the Courts are very resistant to lift the corporate veil.
a. Explain what this means and provide a rationale for this view. (5 marks)
b. Identify at least one (1) situation at common law in which the corporate veil
may be lifted/pierced and provide the rationale for this decision. (5 marks)
c. Identify at least one (1) situation under statute in which the corporate veil may
be lifted/pierced and suggest a rationale for this treatment. (5 marks)
d. Jason’s father died leaving him over $1,000,000 as an inheritance. His sister
Rhea, also inherited a substantial sum of money. Jason is having a lot of bright
ideas about starting his own business. However, he is not sure of whether he
should go it alone or whether he should involve Rhea, and what form of
business organization he should a
Answers: 2
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Which statement best explains why article iii of the constitution gives congress the ability to create lower courts inferior to the supreme court "from time to time”? a.the framers of the constitution believed that as the country grew, more courts would be needed to meet its needs. b.the framers of the constitution believed that as courts made unpopular decisions, they would need to be replaced. c.the framers of the constitution wanted to ensure that congress always had more power than the courts. d.the framers of the constitution wanted to ensure that new courts were always being created so new judges could be appointed.
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