When a company is used to cover up fraud, a court may ignore the limited liabili

Question

When a company is used to cover up fraud, a court may ignore the limited liability of the owners.  This is called
a. the business judgment rule
b. use of the proxy
c. cumulative voting
d. piercing the corporate veil
bb When a company is used to cover up fraud, a court may ignore the limited liability of the owners.  This is called
the business judgment rule
use of the proxy
cumulative voting
piercing the corporate veil
bb a. the business judgment rule
b. use of the proxy
c. cumulative voting
d. piercing the corporate veil
bb

Explanation / Answer

d. piercing the corporate veil

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