Question
Larry, Moe, and Curly are the sole shareholders of Stooges, Inc. Each one paid $100,000 for 100,000 shares of stock. The corporation gets sued for
Larry, Moe, and Curly are the sole shareholders of Stooges, Inc. Each one paid $100,000 for 100,000 shares of stock. The corporation gets sued for its involvement in a serious slip-and-fall case. The judgment in the lawsuit against the corporation is $1 million. The corporation only has $500,000, which it pays to the plaintiff. Larry, Moe, and Curly (mark all that apply)
Group of answer choices
will definitely each be personally liable to pay $100,000 to the plaintiff for the additional amount owed.
would normally not be required to pay anything to the plaintiff because they have limited liability.
could be required to pay the plaintiff the additional amount if a court finds grounds for piercing the corporate veil.
would be liable personally if they were personally responsible for the tort (for example, they pushed the plaintiff down).
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