According to the traditional judicial rule,under which of the following situation can courts pierce the corporate veil?
A) When there is undercapitalization coupled with strict adherence to corporate formalities.
B) When there is strict adherence to corporate formalities such as holding shareholders' but not directors' meetings.
C) When there is undercapitalization.
D) When shareholders mixed their personal dealings and corporate transactions as if all were professional.
Correct Answer:
Verified
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