Which of the following situations,by itself,would not justify a court disregarding the corporate entity?
A) The corporation failed to follow the necessary corporate formalities.
B) The corporation is severely undercapitalized.
C) The corporation does not have enough assets to pay its liabilities.
D) The shareholders have looted the corporation.
E) The corporation has been used by its shareholders to commit fraud.
Correct Answer:
Verified
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