Shareholders can lose their limited liability if a corporation has been operated without the

correct separateness between the owner and the corporation.

Indicate whether the statement is true or false


TRUE

Business

You might also like to view...

Which of the following is an example of internal transaction?

a. Sale of equipment b. Consumption of supplies c. Repairs of machinery by the garage mechanic d. Issue of shares to the stockholders

Business

Fact Pattern 9-1AMinka uses her computer to secretly install software on hundreds of personal computers without their owners' knowledge.Refer to Fact Pattern 9-1A. Minka's secretly installed software allows her to forward transmissions from her unauthorized network to even more systems. This network is

A. a hacker. B. a bot. C. a botnet. D. a worm.

Business

An 80% learning curve means a(n) ______ in unit time as the number of repetitions or units produced doubles.

A. 20% decrease B. 80% decrease C. 20% increase D. 80% increase

Business

Techno Talent & Personnel, Inc, is a corporation. Techno Talent's implied powers enable it to A) none of the choices

B) depart significantly from traditional corporate formalities. C) bind the corporation to an action that will greatly affect its purpose. D) borrow funds and lend funds.

Business