Question $41(1$ point$)$

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Under the doctrine of respondent superior, a corporation can be held liable for

acts perpetrated by its market competitors.

breaches of contract by its customers and suppliers.

torts committed by its agents or officers.

none of the choices.

Question $42(1$ point$)$

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Todd forms Shell Company to assume debts that he does not wish to pay. The firm is not intended to make a profit, and Todd does not provide it with sufficient capital.

This most likely warrants

tricking Todd into disclosing Shell's true purpose to Todd's creditors.

recognizing Shell as a de facto corporation.

piercing Shell's corporate veil.

requiring Todd to commingle his personal funds and Shell's funds

Question $43(1$ point$)$

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Oliver own Freight Company. He uses the firm's funds to pay his personal expenses, creates Go Go Trucking Inc. to engage in the same business, transfers Freight's assets to Go Go Trucking, and petitions Freight into bankruptcy, this most likely warrants

a bonus to Oliver for effectively eliminating the firm's debts.

a discharge for Freight in bankruptcy.

a pierce of the corporate veil.

the application of the doctrine of corporation by estoppel to Go Go Trucking.