corporation by estoppel

A business that is deemed, by operation of law, to be a corporation because a third party dealt with the business as if it were a corporation, thus preventing the third party from holding a shareholder or officer of the corporation individually liable. See ESTOPPEL. [Cases: Corporations 34. C.J.S. Corporations §§ 65–66.]

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词条贡献者

资深译员Laura，毕业于一所培养高级翻译以及跨文化事务专家的精英大学，专注翻译各种与美国公司法规有关的法律文件。