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The corporate veil is a term used to describe the separation of a company from its owners. As a separate legal entity, a company can
The corporate veil is a term used to describe the separation of a company from its owners. As a
separate legal entity, a company can "shield" its owners from personal liability for the debts
or negligence of the business.
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Using common law, discuss situations when the court might see fit to "lift" or "pierce" this corporate
veil and expose the owners of a company to personal liability.
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