Eton owns Freight Company. He uses the firm's funds to pay his personal expenses, creates Go Trucking Inc. to engage in the same business, transfers Freight's assets to Go Trucking, and petitions Freight into bankruptcy. This most likely warrants
A) a bonus to Eton for effectively eliminating the firm's debts.
B) a discharge for Freight in bankruptcy.
C) a pierce of the corporate veil.
D) the application of the doctrine of corporation by estoppel to Go Trucking.
Correct Answer:
Verified
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