Multiple Choice
Rex forms Shell Company to assume debts that he does not wish to pay. The firm is not intended to make a profit, and Rex does not provide it with sufficient capital. This most likely warrants
A) tricking Rex into disclosing Shell's true purpose to Rex's creditors.
B) recognizing Shell as a de facto corporation.
C) piercing Shell's corporate veil.
D) requiring Rex to commingle his personal funds and Shell's funds.
Correct Answer:
Verified
Correct Answer:
Verified
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