Diamond Auto Body &Repais, Inc and thonly ei as an offlicer Dand Auto Body a Construction The esidence at trial Repair, Inc, had registered the assumed name with the Secretary of Seahe as eqsieed by statste, nor otherwise indicsted to Hosk ins that they showed thet meither Hochberg were dealing with a corporstion Ronald Hochberg is not personally liahle for the debt, even theongh he fisiled to 25 notity Hoskins that they were dealing with a corporation and made it know to Even if he had followed all of the corporate requirements 26. Hoskins that they were selling to an Illinois Corporation, Ronald Hochberg would ly liable because the corporation did not have separate Shareholders be personall Officers and Directors Ir Diamond Auto Body, Inc. had registered the assumed name with the Secretary Ronald Hochberg 27 of State, and otherwise followed the corporate requirements, would have been protected from personal liability 28. limited liability for the debts and obligations of the corporation. However, if shareholders requirements, as Hochberg did here, then a Court may disregard the corporate entity, and hold the shareholder personally liable under a doctrine commoniy misuse the corporation for improper purposes, or fail to follow the referred to as a. cumulative voting b. piercing the corporate veil c. preemptive rights d.long arm statute 29Bill and Hillary formed White House Moving, Incorporated. WHM, Inc. has two shareholders, three Directors, a President, Secretary and Treasurer. Generally broad policy making decisions of WHM, Inc. would be made by the shareholders a. b. registered agent board secretary board of directors c. d. Common Shareholders of an Ilinois Business Corporation possess which of the following rights? a. the right to implement reasonable business decisions 30 b. the right to vote for the Board of Directors the right to employ officers the right to enter into contracts on behalf of the corporation c. d. 4 Diamond Auto Body &Repais, Inc and thonly ei as an offlicer Dand Auto Body a Construction The esidence at trial Repair, Inc, had registered the assumed name with the Secretary of Seahe as eqsieed by statste, nor otherwise indicsted to Hosk ins that they showed thet meither Hochberg were dealing with a corporstion Ronald Hochberg is not personally liahle for the debt, even theongh he fisiled to 25 notity Hoskins that they were dealing with a corporation and made it know to Even if he had followed all of the corporate requirements 26. Hoskins that they were selling to an Illinois Corporation, Ronald Hochberg would ly liable because the corporation did not have separate Shareholders be personall Officers and Directors Ir Diamond Auto Body, Inc. had registered the assumed name with the Secretary Ronald Hochberg 27 of State, and otherwise followed the corporate requirements, would have been protected from personal liability 28. limited liability for the debts and obligations of the corporation. However, if shareholders requirements, as Hochberg did here, then a Court may disregard the corporate entity, and hold the shareholder personally liable under a doctrine commoniy misuse the corporation for improper purposes, or fail to follow the referred to as a. cumulative voting b. piercing the corporate veil c. preemptive rights d.long arm statute 29Bill and Hillary formed White House Moving, Incorporated. WHM, Inc. has two shareholders, three Directors, a President, Secretary and Treasurer. Generally broad policy making decisions of WHM, Inc. would be made by the shareholders a. b. registered agent board secretary board of directors c. d. Common Shareholders of an Ilinois Business Corporation possess which of the following rights? a. the right to implement reasonable business decisions 30 b. the right to vote for the Board of Directors the right to employ officers the right to enter into contracts on behalf of the corporation c. d. 4