Question 51 This Theory provides that when the Doctrine of Corporate Entity is used as cloak or cover fraud or illegality, the Corp and the SH composing it are treated as identical. O General Partners Liability Rule O Fraudulent Identity Theory O Piercing the Veil of Corporate Fiction O Business Judgment Rule Question 52 Each share shall be equal in all respects to every other share, except as otherwise provided in the articles of incorporation and in the certificate of stock. O Par Value Rule O Stock Issuance Principle O Trust Fund Doctrine O Doctrine of Equality of Shares Question 53 These are shares subject to agreement deposited to a depositary until the performance of an act or fulfillment of a condition. O Treasury Shares O Litigated Shares O Founders Shares O Shares in EscrowQuestion 54 1 pts Non-voting shares may vote on these corporate Acts, except: O Sale, lease, exchange, mortgage, pledge, or other disposition of all or substantially all of the corporate property O Investment of corporate funds in another corporation or business Increase or decrease of authorized capital stock O Election of Directors Question 55 1 pts As long as the directors (or trustees) act honestly and the contract does not violate the rights of the minority opposed to it, the courts will not interfere. The well-known rule is that courts cannot undertake to control the discretion of the board of directors about administrative matters as to which they have the legitimate power of action. O Business Judgement Rule O Doctrine of Corporate Independence O Good Faith Principle O Non-Interference Clause