Master Ink owns all the stock of Prime Pen Co A Prime Pen employee commits a tort for which the employer is liable. The suit results in a judgment for $1 million against Prime Pen. Prime Pen assets total $650,000, but Master Ink's assets are in the millions. In which of the following situations would the judgment have to be paid by Master Ink?
A) The Master Ink board of directors is exactly the same as Prime Pen's.
B) The president of Master Ink is also the vice president of Prime Pen.
C) Prime Pen's income and Master Ink's income is held in one account.
D) None of these.
C
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a. True b. False