Theory applies to the situation in which owners of a corporation have so mingled their own affairs with those of the corporation that the corporation does not exist as a distinct entity.

Question

Business

Bradley Ferrell

1 July, 22:09

Theory applies to the situation in which owners of a corporation have so mingled their own affairs with those of the corporation that the corporation does not exist as a distinct entity.

+1

Answers (2)

Know the Answer?

Jayda Donaldson · Answer 1

Theory that applies to the situation in which owners of a corporation have so mingled their own affairs with those of the corporation that the corporation does not exist as a distinct entity is called: alter-ego theory

one of the benefit that could be taken through this by the owner is the opportunity to write off some tax paymenr

Mckenna Ferguson · Answer 2

Alter ego theory is the theory that applies to the situation in which owners of a corporation have so mingled their own affairs with those of the corporation that the corporation does not exist as a distinct entity.