Business, 10.12.2021 23:20 HaileyChristiansen20

In 2000, Alex and his two adult daughters, Ava and Rylee, created a corporation, Alex and Daughters Electrical Company. During the first year or so, they maintained corporate bank accounts, had the name printed on trucks and stationery, and held annual stockholders' meetings. After Alex died in 2018, Ava and Rylee forgot about the corporation and failed to hold meetings or otherwise follow the corporate formalities. In 2019, an employee's allegedly negligent electrical wiring caused a disastrous fire at a local elementary school, in which several children and school personnel were injured. What additional facts, if true, could allow Ava and Rylee to be held personally liable to the injured parties?

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In 2000, Alex and his two adult daughters, Ava and Rylee, created a corporation, Alex and Daughters...

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