When a court disregards the corporate entity to prevent an injustice, it is referred to as

A. piercing the corporate veil.
B. corporate liability.
C. unlimited shareholder liability.
D. shareholder responsibility.


A. piercing the corporate veil.

Business

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Getting the listener’s full attention, questioning him or her, and asking him or her to paraphrase the message are all techniques to overcome which communication barrier?

a. noise b. information overload c. channel selection d. poor listening

Business

Which sentence is correctly punctuated?

A) U.S. Department of Education statistics indicate that by 2020 27 million people will have earned a college degree. B) U.S. Department of Education statistics indicate that by 2020, 27 million people will have earned a college degree.

Business

The balance in the Bonds Payable is a credit of $74,000. The balance in the Premium on Bonds Payable is a credit of $1,600. What is the bond carrying amount?

A) $1,600 B) $75,600 C) $74,000 D) $72,400

Business

FreshFoods, Inc. sells American gourmet foods to merchandisers in Singapore. Prepare the journal entries for FreshFoods, to record the following transactions. Include any year-end adjustments.

Business