In the case of De Lage Landen Financial Services v. Picasso Aesthetic and Cosmetic Dental Spa, Rubin, the sole principal of a professional corporation, lost the veil of corporate protection because.
A) He engaged in fraudulent actions.
B) He engaged in criminal actions.
C) He gave a personal guarantee.
D) He had substantial personal assets.
Correct Answer:
Verified
Q14: Owners of nonvoting stock who receive a
Q15: The expiration date of a corporate bond
Q16: What is an advantage of a Subchapter
Q17: Do corporations have protection under the First
Q18: A fictitious legal entity that exists as
Q19: Which entity wrote the Revised Model Business
Q20: The United States Postal System is an
Q21: Which statement below is correct about a
Q22: All of the following are methods a
Q23: The liability protection shareholders, directors, and officers
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