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Handy Andy (HA) contracts with X Corporation to perform extensive repairs on X's broken assembly line. The parties agree that payment will be made in
Handy Andy (HA) contracts with X Corporation to perform extensive repairs on X's broken assembly line. The parties agree that payment will be made in full upon completion of the repairs. After HA completes his work and submits an invoice for payment, X Corporation informs him that it cannot pay because it has been undercapitalized for some time and has to pay other creditors first. HA sues and obtains a judgment against X Corporation. How likely is it that HA can pierce the corporate veil and obtain a judgment against the very wealthy sole shareholder of X Corporation? Group of answer choices Likely because of the wealth of the sole shareholder of X Corporation. Likely because of X Corporation's undercapitalization. Unlikely because HA could have negotiated better payment terms. Unlikely because courts have never pierced the veil in breach of contract cases
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