Reference:
Only one reference:
Miller, R. L. (2014). Business Law Today. Texas: South Western Cengage Learning.
Answer 4 Questions.
1) Should use of the doctrine of “piercing the corporate veil” be limited to instances in which the corporate ownership is engaged in criminal activity, a good example of which is the Madoff Ponzi scheme?
2) Does the ability of a corporation to sell assets and not liabilities negatively affect commerce? If so (either way), why?
3) Assume that you and some friends have formed an LLC. What would you include in the operating agreement to handle contingencies that may arise?
4) Discuss something from the Silver Nugget.
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