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Kim Is the Sole Shareholder, Director, and Officer of Kim

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Kim is the sole shareholder, director, and officer of Kim Consulting Inc.She is concerned that, because she is really the only person involved in the corporation, any creditor who wants to will be able to get a court to order that she be personally liable for the obligations of the corporation's business.Is Kim's concern a reasonable one? Explain why or why not.

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In most commercial circumstances, this i...

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