« previous next »

Author Question: Briefly explain the concept of piercing the corporate veil. What will be an ideal ... (Read 1358 times)

dmcintosh

  • Hero Member
  • *****
  • Posts: 517
on: Aug 3, 2018
Briefly explain the concept of piercing the corporate veil.
 
  What will be an ideal response?

Question 2

What type of jurisdiction is the authority of the federal courts to hear a case where the amount in controversy exceeds 75,000 and no plaintiff can share residency in the same state with any defendant in the case?
 
  A) concurrent jurisdiction
  B) federal question jurisdiction
  C) diversity jurisdiction
  D) mandatory jurisdiction


katkat_flores

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Aug 3, 2018
Answer to Question 1

The court will attach the personal assets of a shareholder if he or she does not maintain the
corporation as a separate legal entity.

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Concept Care Map Concept Care Map
Concept of Illness by Children Concept of Illness by Children
A pharmacist can explain to a patient why medication may look different and ensure the correct ... A pharmacist can explain to a patient why medication may look different and ensure the correct ...
What are examples of ideal forms? What are examples of ideal forms?
VALUATION CONCEPT & METHODOLOGIES VALUATION CONCEPT & METHODOLOGIES
Mole concept Mole concept
Video: Metabolic Rate, Heat and Thermoregulation - response to heat and cold stresses

For a complete list of videos, visit our video library