The corporate veil liability theory has been applied in situations that involve environmental clean-up issues.

Question

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The corporate veil liability theory has been applied in situations where a corporation or its owners are held liable for environmental clean-up issues, even if they have limited liability protections. This is done in order to ensure that the costs of clean-up are borne by those responsible for causing the pollution or environmental damage.

The Corporate Veil Liability Theory Has Been Applied in Situations