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? Required Readings 1) Hasl-Kelchner, Hanna. (2006). The business guide to legal literacy: what every manager should know about the law. [Books24x7 version] Appendix C – The Lessons of Sarbanes-Oxley http://ezproxy.apus.edu/login?url=http://ebooks.apus.edu/BUSN311/AppendixC.pdf 2) The Sarbanes-Oxley Act http://www.youtube.com/watch?v=xW9pSAwaeO0 3) Maffei, S. (2011). Personal Liability of Corporate Shareholders in New York. Review Of Business, 31(2), 110-114. Retreived from http://search.ebscohost.com.ezproxy1.apus.edu/login.aspx?direct=true&db=bth&AN=66249887&site=ehost-live. Also via the course eReserve at http://apus.libguides.com/index.php.
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