Typically individual stockholders are not held responsible for the actions of a corporation. Exceptions usually relate to comingling of funds, underinsuring, or similar actions by the corporate leadership. This is called:
a. Risking liability
b. Piercing the corporate veil
c. The privilege of the stockholders
d. Free market trading of stocks
B
You might also like to view...
A stock split can be done in any ratio.
Answer the following statement true (T) or false (F)
The total associated manufacturing costs under the FIFO method are the sum of the prior-period costs plus the costs incurred in the current period to finish the units for:
A) beginning work-in-process units. B) ending work-in-process units. C) units started and completed. D) conversion costs.
________ costs increase as the number of facilities in a supply chain increases
A) Inventory B) Transportation C) Retail operation D) Information
If a person is convicted of a crime, there must be some prison or jail time imposed
a. True b. False Indicate whether the statement is true or false