Business, 10.12.2021 23:20 HaileyChristiansen20

In 2000, Alex and his two adult daughters, Ava and Rylee, created a corporation, Alex and Daughters Electrical Company. During the first year or so, they maintained corporate bank accounts, had the name printed on trucks and stationery, and held annual stockholders' meetings. After Alex died in 2018, Ava and Rylee forgot about the corporation and failed to hold meetings or otherwise follow the corporate formalities. In 2019, an employee's allegedly negligent electrical wiring caused a disastrous fire at a local elementary school, in which several children and school personnel were injured. What additional facts, if true, could allow Ava and Rylee to be held personally liable to the injured parties?

Answers: 3

Show answers

Other questions on the subject: Business

Business, 22.06.2019 09:30, cwebb4383

Darlene has a balance of 3980 on a credit card with an apr of 22.8% paying off her balance and which of these lengths of time will result in her paying the least amount of interest?

Answers: 2

continue

Business, 22.06.2019 13:40, allytrujillo20oy0dib

Randall's, inc. has 20,000 shares of stock outstanding with a par value of $1.00 per share. the market value is $12 per share. the balance sheet shows $42,000 in the capital in excess of par account, $20,000 in the common stock account, and $50,500 in the retained earnings account. the firm just announced a 5 percent (small) stock dividend. what will the balance in the retained earnings account be after the dividend?

Answers: 1

continue

Business, 22.06.2019 13:50, veronica25681

When used-car dealers signal the quality of a used car with a warranty, a. buyers believe the signal because the cost of a false signal is high b. it is not rational to believe the signal because some used-car dealers are crooked c. the demand for lemons is eliminated d. the price of a lemon rises above the price of a good used car because warranty costs on lemons are greater than warranty costs on good used cars

Answers: 2

continue

Business, 22.06.2019 19:00, karmaxnagisa20

By 2020, automobile market analysts expect that the demand for electric autos will increase as buyers become more familiar with the technology. however, the costs of producing electric autos may increase because of higher costs for inputs (e. g., rare earth elements), or they may decrease as the manufacturers learn better assembly methods (i. e., learning by doing). what is the expected impact of these changes on the equilibrium price and quantity for electric autos?

Answers: 1

continue

You know the right answer?

In 2000, Alex and his two adult daughters, Ava and Rylee, created a corporation, Alex and Daughters...