This is for business law I need help!

/courses/29871/quizzes/60775/take RTMENT Textbooks D Question 4 17 pts Professor B incorporated Oil Inc. and he owned 100% of the stock of the corporation. The corporation then contracted with the Shell oil refinery (Shell) to supply crude oil to Shell. Shell paid a $200,000 deposit to Oil Inc. for the expected crude oil. The $200,000 was Oil Inc.'s only income since it was formed. But, Oil, Inc. never provided any crude oil to Shell and Oil Inc. refused to return the $200,000 deposit to Shell. Oil Inc. did, however, pay Professor B $200,000 as his salary as president of the corporation which left $100 in Oil Inc.s bank account. Also, Oil Inc. only sometimes adhered to its bylaws, and was undercapitalized when it first began in business. Shell sued Oil Inc. and obtained a judgment for $200,000 against Oil Inc. but Oil Inc.'s assets total just $100 so the corporation can't pay the judgment. Professor B is, however, worth ten million dollars. A. Does Shell have any way of collecting any of the $200,000 judgment from Professor B? Discuss. B. What does it mean when someone says a corporation is subject to double taxation? Explain. Edit View Insert Format Tools Table 12pt ~ Paragraph BIU AZ TV : O 32 ... MAY 1 ... 21 A X W