What is not a way to pierce the corporate veil


Question: What is not a way to pierce the corporate veil? Group of answer choices Inadequate Capitalization. Not comingle funds between shareholders' personal accounts and the corporation's accounts. Fundamental, or material deception or wrongdoing by the shareholders. Officers, directors, shareholders fail to follow and maintain the corporate laws, and formal procedures when running the business.

 

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Accounting Basics: What is not a way to pierce the corporate veil
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