Ask a New Question

IF Byron Cabell forms a corporation named Cabell Inc but he fails to keep corporate reords or separates business property from personal property and a creditor discovers poor fianancial status of the corportation can the creditor sue Cabell as an individual? what theory will the creditor use to hold Cabell personally reliable?

Ask a New Question or answer this question.

Similar Questions

Byron Cabell forms a corporation named Cabell, Inc., following all the proper legal formalities in the formation process. Cabell
1. 1 answer
What is a multinational corporation?A. a corporation that operates in multiple countries B. a corporation that has its corporate
1. 1 answer
Which of the following statements is an example of debt funding?(1 point)Responses A corporation issues corporate bonds on the
1. 1 answer
Byron calculated the area of the rectangle as 22 square centimeters. What is the error in his reasoning and what is the correct
1. 1 answer

more similar questions