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Rob Owns Solar Panels Corporation

Question 62

Multiple Choice

Rob owns Solar Panels Corporation. He uses Solarl's funds to pay his personal expenses, creates Thermal Power Inc. to engage in the same business as Solar, transfers Solar's assets to Thermal, and petitions Solar into bankruptcy. This most likely warrants


A) ​a bonus to Rob for financial maneuvers.
B) ​a discharge for Solar in bankruptcy.
C) ​a pierce of the corporate veil.
D) ​a review of Thermal's articles of incorporation.

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