User:DyessSalter725

The corporate structure of your enterprise will supply shelter for your personal assets. There are several events that will result in a judge to disregard the corporate entity or "pierce the corporate veil." There are several factors why the corporate veil may possibly be pierced. There are also a number of straightforward actions you can do to steer clear of the corporate veil from being pierced.

The corporate veil can be pierced if a party is tricked or misled into dealing with the corporation rather than an individual. Whenever the corporation does correspondence with a third party, the officers and directors of that business need to have to make it clear that they are acting on behalf of the corporation and not themselves individually. All the documents want to clearly be entered into on behalf of the corporation otherwise there may possibly be a conflict that could arise that would pierce the corporate veil.

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