- Jurisdiction
- California
Hey guys!
I have a case study that I would love some backing up and support for my business law class. I feel like I am on the right path and would like some confirmation and expert opinion on this topic. You may find this very vague but this topic is meant to be more general and not too in-depth. I greatly appreciate it!
This corporation is to be considered a De Facto Corporation and there are two officers. One of the officers was driving on a work matter and hit a pedestrian on his own negligence. Since this is a de facto corporation who would be liable, the officer or corporation for the injury?
My take is that since this is considered a de facto corporation and it was work-related that the corporation would be liable for damages and not the officer personally because of the limited liability protection that is provided.
I have a case study that I would love some backing up and support for my business law class. I feel like I am on the right path and would like some confirmation and expert opinion on this topic. You may find this very vague but this topic is meant to be more general and not too in-depth. I greatly appreciate it!
This corporation is to be considered a De Facto Corporation and there are two officers. One of the officers was driving on a work matter and hit a pedestrian on his own negligence. Since this is a de facto corporation who would be liable, the officer or corporation for the injury?
My take is that since this is considered a de facto corporation and it was work-related that the corporation would be liable for damages and not the officer personally because of the limited liability protection that is provided.