Question
For my business organization law class, please answer both parts A and B #3. Chapter 39 Corporate Formation & Financing A. List two (2) advantages
For my business organization law class, please answer both parts A and B
#3. Chapter 39 Corporate Formation & Financing
A. List two (2) advantages and two (2) disadvantages of the C Corporation form of business organization.
B. In Schultz v. General Electric Healthcare Financial Services, Inc. (2011) the Court of Appeals of Kentucky affirmed a trial court ruling in favor of General Electric (GE) in which the court pierced the corporate veil to allow GE to collect $450,00 Intra-Med, Inc. owed them under a medical equipment lease contract. What facts enabled the appellate court to conclude removing the protection of limited liability was proper?
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