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May 6, 2015
9:51
:20
am
jbcoug
Regarding your last question
If the proper corporate formalities aren't followed and Company A (or its officers) is exercising too much control over Company B, the corporate veil could be pierced and the two entities could be considered one for liability purposes.
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jbcoug
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CommodoreCoug
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jbcoug
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Aug 13, 2003
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Messages
Author
Time
Business ethics/legal/tax scenario:
fattycoug
5/6/15 9:17am
The bigger issue would be if Company B's CEO had a level of control over
BYUMizzou
5/6/15 9:39am
Fixed: Company B is the non-profit
fattycoug
5/6/15 9:42am
Assuming it's a 501(c)(3), company B has to be organized and operated exclusivel
BYUMizzou
5/6/15 9:47am
Regarding your last question
jbcoug
5/6/15 9:51am
If this was a law school exam question, I would have missed the points for
BYUMizzou
5/6/15 9:53am
Another thing to think about re: the loan
jbcoug
5/6/15 10:05am
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