Author Question: Southwest Airlines is an example of a ________ disruptive business model. A) low-end B) ... (Read 232 times)

justinmsk · **on:** Jul 6, 2018

Southwest Airlines is an example of a ________ disruptive business model.

A) low-end
B) new-market
C) high-quality
D) new-product
E) new-channel

Question 2

What is meant by the term piercing the corporate veil? How can the corporate veil be pierced?

What will be an ideal response?

Gabe · **Reply #1 on:** Jul 6, 2018

Answer to Question 1

A

Answer to Question 2

In most states, corporations must file papers annually, to maintain their status as a corporation and to comply with state regulations. It is important that a corporation's owners fully comply with these regulations. If the owners of a corporation don't file their annual paperwork, neglect to pay their annual fees, or commit fraud, a court could ignore the fact that a corporation has been established, and the owners could be held personally liable for actions of the corporation. This chain of events is referred to as piercing the corporate veil.