________ is an expression indicating that the legal fiction that a company is a separate legal entity will be set aside and the shareholders of the company will be held liable for its conduct as if they were partners in a partnership.
A) Fruit of the poisonous tree
B) Pierce the company veil
C) Ball park figure
D) Right of first refusal

Question

Quizplus · Accepted Answer

"Pierce the company veil" is the expression used to describe the legal concept of disregarding the separate entity of a company and holding its shareholders personally liable for its actions, similar to a partnership where each partner is personally liable for the actions of the partnership.

________ Is an Expression Indicating That the Legal Fiction That