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Bill Bonney, the Sole Stockholder of Kidd Corporation, Wrongfully Used

Question 58

Multiple Choice

Bill Bonney, the sole stockholder of Kidd Corporation, wrongfully used the corporation to avoid a personal liability.A court's disregarding the corporate entity and holding Bonney personally liable is called:


A) limited liability.
B) ultra vires.
C) diversity of interest.
D) piercing the corporate veil.

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