The law of piercing the corporate veil is an example of a ________ law protecting the creditors of corporations.

Question

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Although nearly all of corporation law is statutory law,including the courts' interpretation of the statutes,there is a substantial body of common law of corporations (judge-made law).Most of this common law deals with creditor and shareholder rights.For example,the law of piercing the corporate veil is a common law protecting creditors of corporations.

The Law of Piercing the Corporate Veil Is an Example