Question: 1 . What is the difference between a defacto and a dejure corporation? 2 . The suppliers seek to hold Angelina and Brad personally liable
What is the difference between a "defacto" and a "dejure" corporation? The suppliers seek to hold Angelina and Brad personally liable for the amount owed for the children's clothing. Brad has come to you for advice concerning his personal liability to the suppliers, will he and Angelina be held personally liable for the children's clothing? Wait What about the insurer's obligation to pay for the destroyed goods under the fire insurance policy? Will the insurance company be held liable for the losses caused by the fire?.
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