A court is satisfied with plaintiff counsel's efforts to establish that,based on the facts of the matter,the defendant corporation is the agent of its shareholders.In presenting this argument,what legal feat was plaintiff's counsel attempting to accomplish on his client's behalf?

Question

Quizplus · Accepted Answer

Piercing the corporate veil is a legal concept where the court disregards the corporation's separate legal entity status to hold its shareholders personally liable for the corporation's debts and obligations. This is what the plaintiff's counsel was attempting to achieve by arguing that the corporation acted as an agent for its shareholders.

A Court Is Satisfied with Plaintiff Counsel's Efforts to Establish