Business, 01.04.2020 22:33 froyg1234

Brian is the 99% shareholder, president, and director of Arapine Corp. He frequently uses the corporation credit card for his personal expenses. If Arapine is insolvent and unable to pay its debts, and the corporation’s creditors sue Brian personally, what is the likely result?

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Brian is the 99% shareholder, president, and director of Arapine Corp. He frequently uses the corpor...