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Explain why you support the corporate veil

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Reference no: EM13966659

Discussion Question

Step 1: Research the following topic and post a (250-word) response to the prompt on the discussion board.

One of the key advantages to forming a corporation is that its owners are immune from personal liability for business debts and other obligations arising from operation of the corporation. This immunity from personal liability is commonly referred to as the "corporate veil." Explain why you support the corporate veil, or why you do not support such immunity from personal liability for corporate debts and other obligations.

Step 2: Read other students' posts and respond to at least two other students.

Again, if differences of opinion occur, debate the issues professionally and provide examples to support your opinions.

Reference no: EM13966659

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