Piercing the corporate veil


Part 1: What is a founders' agreement? Describe the purpose of a buyback clause and why it's important.

Part 2: List and explain four (4) steps entrepreneurs can take to avoid legal disputes.

Part 3: List and briefly describe three (3) specific steps that an entrepreneurial organization can take to build a strong ethical culture.

Part 4: What is meant by the term "piercing the corporate veil"? How can the corporate veil be pierced?

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