Identify four circumstances that might persuade a court to pierce the corporate veil
Courts generally pierce the corporate veil in four circumstances: (1 ) Failure to observe formalities, such as not holding shareholders' meetings or not keeping minute books; (2 ) commingling of assets of the corporation and the shareholders; (3 ) inadequate capitalization; and/or (4 ) fraud.
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Cost information for short-run decision making focuses on
a. what happened. b. what is happening. c. what will happen. d. why it happened.
The average rate of return method of capital investment analysis gives consideration to the present value of future cash flows
Indicate whether the statement is true or false
According to the authors of Designing for Growth, what question should you consider when making decisions about what the customer really wants?.
a. What is? b. What if? c. What wows? d. What does?
While at the park, Tasha saw a small child fall into the lake. Tasha did not know the child. Under the common law of most states, Tasha has a legal duty to take reasonable steps to assist the child if Tasha is able to help and such help will not jeopardize Tasha's well-being
a. True b. False Indicate whether the statement is true or false