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33. Which of the following doctrines is used to impose personal liability upon s

ID: 2586913 • Letter: 3

Question

33. Which of the following doctrines is used to impose personal liability upon shareholders for corporate obligations?

a. Indoctrination of corporate shareholders b. Liability for fault under the federal statutes c, Piercing the corporate veil d. Assimilation of corporate liabilities doctrine

23. A corporation that operates in the state in which it was created and from which it received its charter is best described as a(n): a. Alien corporation b. Licensed corporation c. Domestic corporation d. Foreign corporation e. De facto corporation

Explanation / Answer

33. answer is c

c, Piercing the corporate veil

Piercing the corporate veil is used for this

23.. answer is d

d. Foreign corporation

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