« previous next »

Author Question: Briefly explain the concept of piercing the corporate veil. What will be an ideal ... (Read 3476 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?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Gram Stain Concept Map Gram Stain Concept Map
Inverse Relation Between IQ and Disease. Could this explain the Flynn effect? Inverse Relation Between IQ and Disease. Could this explain the Flynn effect?
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 ...
The concept of a threshold stimulus. The concept of a threshold stimulus.
Cultures Ideal Body Types Cultures Ideal Body Types
Nursing: A Concept-Based Approach to Learning, Volume II, 3rd Edition Nursing: A Concept-Based Approach to Learning, Volume II, 3rd Edition
Video: Darwin's Observation (Fossils, Galapagos Islands & Africa ) and Natural Selection (Adaptive Traits)

For a complete list of videos, visit our video library