Piercing the corporate veil

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What Wikipedia says

Piercing the corporate veil or lifting the corporate veil is a legal decision to treat the rights or duties of a corporation as the rights or liabilities of its shareholders or other persons behind the corporation.

Excerpt from the Wikipedia article “Piercing the corporate veil”, under the CC BY-SA 4.0 license. Read the article on Wikipedia

Image: Original: MisterMatt Vector: MesserWoland, CC BY-SA 3.0, via Wikimedia Commons.