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Alan Sells Merchandise on Credit to ABC Co

Question 7

Multiple Choice

Alan sells merchandise on credit to ABC Co.ABC fails to pay for the merchandise.Alan later discovers that ABC is not a corporation,but a partnership consisting of Alice,Betty,and Charles.Which legal doctrine might shield Alice,Betty,and Charles from personal liability?


A) De facto corporation
B) De jure corporation
C) Corporation by estoppel
D) Piercing the corporate veil

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