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Questions and Answers
Why may it become necessary to lift the corporate veil of a company during war?
Why may it become necessary to lift the corporate veil of a company during war?
- To determine the legal status of the company
- To assess the financial stability of the company
- To determine if the company is an enemy or friend (correct)
- To identify the individuals running the company
What is the role of individuals in determining the enemy character of a company?
What is the role of individuals in determining the enemy character of a company?
- They classify the company as enemy or friend
- They lift the corporate veil
- They run the affairs of the company (correct)
- They establish the legal status of the company
What is the main reason why a company cannot be classified as an enemy or friend?
What is the main reason why a company cannot be classified as an enemy or friend?
- It is involved in war
- It has a separate legal entity (correct)
- It is run by individuals
- It is an artificial person
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