CS
Courtney Soucier
Answers (3)
CS
Answered
Cade,the owner of Cade Body Shop,Inc.is in the habit of paying business expenses from his personal checking account.One such check to Parts Warehouse,Inc.is dishonored,and Parts attempts to collect from Cade personally who asserts that only Cade Body Shop,Inc.is liable.Discuss the legal resolution of this problem.
On May 27, 2024
Agents who sign their own names to an instrument are personally obligated if the instrument neither names the person represented nor has a signature in a representative capacity.Such is the case here in addition to the fact that Cade has commingled business and personal assets in a manner that makes him personally liable.
CS
Answered
A court will pierce the corporate veil of a corporation when the corporate privilege is abused for personal benefit.
On May 27, 2024
True
CS
Answered
A goal of managing diversity programs is greater organizational flexibility.
On May 24, 2024
True