QUESTION 55

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 the incorporation process.

b.

When the domination of the corporation results in an improper purpose

c.

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

d.

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