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Note:This question may have more than one correct answer. When will a court pierce the corporate veil? a.When there may have been a defect in

Note:This question may have more than one correct answer.

  1. When will a court pierce the corporate veil?

a.When there may have been a defect in the incorporation process.

b.When there is domination of the corporation by one or more of its shareholders

c.When the domination of the corporation results in an improper purpose

d.Whenever there a single-shareholder-owned or closely held corporation which did not file an annual statement with the Secretary of State.

2Which of the following is reported on Form 8-K?

a.audited financial statements

b.the resignation of a director over a policy dispute

c.unaudited financial statements

d.All of these are correct.

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