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Which of the Following Is Not a Reason That a Court

Question 38

Multiple Choice

Which of the following is not a reason that a court would likely pierce the corporate veil?


A) A corporation did not follow statutory mandates regarding corporate business.
B) Shareholders' personal interests and corporate interests are commingled such that the corporation has no separate identity.
C) Shareholders attempt to commit fraud through a corporation.
D) A corporation has only de facto status.
E) A corporation lacks adequate capital when initially formed.

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