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Question
Tony is a shareholder of Urban Sales, Inc (USI). A court might hold Tony personally liable for USI's debtsa. if Tony's personal interests are commingled with USI's interests to the extent that USI has no separate identity.
b. if USI calls more than the required number of shareholders' meetings.
c. if USI is overcapitalized.
d. under no circumstances.
Answer
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Fact Pattern 41-1
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