Saint Leo MGT 102 - When a court holds shareholders personally
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Latest notes & summaries Saint Leo MGT 102 - When a court holds shareholders personally
Question
Q1. When a court holds shareholders personally liable for corporate debts it is said to be:
a. piercing the corporate veil
b. opening the corporate veil
c. closing the corporate veil
d. tearing the corporate veil
e. cutting the corporate veil
Q2. By law, shareholders in a corporation must be given stock certificates as a sign of formal ownership.
a. true
b. false
Q3. The key elements of a franchise agreement include:
a. the use of franchise manual
b. the schedule of meal times for emplo...
- Exam (elaborations)
- • 8 pages's •
-
Saint Leo MGT 102 - When a court holds shareholders personally•Saint Leo MGT 102 - When a court holds shareholders personally
Preview 1 out of 8 pages
Question
Q1. When a court holds shareholders personally liable for corporate debts it is said to be:
a. piercing the corporate veil
b. opening the corporate veil
c. closing the corporate veil
d. tearing the corporate veil
e. cutting the corporate veil
Q2. By law, shareholders in a corporation must be given stock certificates as a sign of formal ownership.
a. true
b. false
Q3. The key elements of a franchise agreement include:
a. the use of franchise manual
b. the schedule of meal times for emplo...
Question
Q1. When a court holds shareholders personally liable for corporate debts it is said to be:
a. piercing the corporate veil
b. opening the corporate veil
c. closing the corporate veil
d. tearing the corporate veil
e. cutting the corporate veil
Q2. By law, shareholders in a corporation must be given stock certificates as a sign of formal ownership.
a. true
b. false
Q3. The key elements of a franchise agreement include:
a. the use of franchise manual
b. the schedule of meal times for emplo...
- Exam (elaborations)
- • 8 pages's •
-
Saint Leo MGT 102 - When a court holds shareholders personally•Saint Leo MGT 102 - When a court holds shareholders personally
Preview 1 out of 8 pages
Question
Q1. When a court holds shareholders personally liable for corporate debts it is said to be:
a. piercing the corporate veil
b. opening the corporate veil
c. closing the corporate veil
d. tearing the corporate veil
e. cutting the corporate veil
Q2. By law, shareholders in a corporation must be given stock certificates as a sign of formal ownership.
a. true
b. false
Q3. The key elements of a franchise agreement include:
a. the use of franchise manual
b. the schedule of meal times for emplo...
Question
Q1. When a court holds shareholders personally liable for corporate debts it is said to be:
a. piercing the corporate veil
b. opening the corporate veil
c. closing the corporate veil
d. tearing the corporate veil
e. cutting the corporate veil
Q2. By law, shareholders in a corporation must be given stock certificates as a sign of formal ownership.
a. true
b. false
Q3. The key elements of a franchise agreement include:
a. the use of franchise manual
b. the schedule of meal times for emplo...
- Exam (elaborations)
- • 8 pages's •
-
Saint Leo MGT 102 - When a court holds shareholders personally•Saint Leo MGT 102 - When a court holds shareholders personally
Preview 1 out of 8 pages
Question
Q1. When a court holds shareholders personally liable for corporate debts it is said to be:
a. piercing the corporate veil
b. opening the corporate veil
c. closing the corporate veil
d. tearing the corporate veil
e. cutting the corporate veil
Q2. By law, shareholders in a corporation must be given stock certificates as a sign of formal ownership.
a. true
b. false
Q3. The key elements of a franchise agreement include:
a. the use of franchise manual
b. the schedule of meal times for emplo...