Rob owns Solar Corporation. He uses one bank account for all of his personal money and the corporation's money to the extent that the corporation cannot be separately identified financially. This most likely warrants
A) an adoption of new corporate bylaws.
B) a recognition of de facto corporate status.
C) a pierce of the corporate veil.
D) a fundamental change to the articles of incorporation.
Correct Answer:
Verified
Q38: The acquisition of a share of stock
Q39: A corporation is generally formed under
A) city
Q40: The Securities Exchange Act of 1934 requires
Q41: Sharon is a shareholder in Travel Adventures
Q42: Spicy Wings Corporation makes a good faith
Q44: Soap Products Inc. is a corporation. Soap
Q45: Paddle & Portage Corporation is poised to
Q46: Track Lights Inc. is a corporation. Its
Q47: Tech Talent Inc. is a corporation. Its
Q48: Bonds
A) represent the true ownership of a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents