Courts will sometimes ignore the separateness of a corporation and its shareholders by piercing the corporate veil in order to:

A) promote justice and to prevent inequity.
B) prevent equity only.
C) promote justice only.
D) set examples for other corporations.

Piercing The Corporate Veil

Holding a shareholder responsible for acts of a corporation due to a shareholder’s domination and improper use of the corporation.

Promote Justice

The act of advocating for fair treatment and equal rights within legal, societal, or institutional contexts.

Shareholders

Individuals or entities that own shares in a corporation, making them partial owners and entitling them to potential dividends and certain rights within the corporation.