TTQ1:
Course Objectives:
CO10 Define ethical environment that is applicable to the business world
CO11 Identify means to avoid alter ego liability
Prompt:Using findlaw.com, (http://caselaw.findlaw.com/) research
a case that involves alter-ego liability. In 250 words, define the term
“alter-ego” and list the elements the court considered when
determining whether to pierce the corporate shield. Incorporate the material
from the required readings and support your statements.
In addition, discuss whether it is ethical for a company to move its corporate
headquarters overseas to avoid paying income tax. Which duty do you believe is
higher, the duty of corporations to pay tax to government or the duty of
corporations to pay dividends to shareholders? Why?
