Quincy forms a manufacturing corporation, the Fabri-Q Co. (Fabri-Q). He is the sole shareholder. He does not keep records of any dividends and very little records of the corporation's accounts. Ten months after the formation and incorporation of Fabri-Q, one of Fabri-Q's products injures a user and Fabri-Q is sued. Which of the following ordinarily is a reason for a court to hold Quincy personally liable? O If Quincy is not held liable, creditors would not be fully compensated. O Fabri-Q's headquarters was at the same address as another business that Quincy. O The corporation did not elect any directors. O Quincy decides to use some of the profits from Fabri-Q - paid to him as a dividend - to pay his personal debts. O Quincy served as the CEO and CTO (Chief Technology Officer) of Fabri-Q.

Quincy forms a manufacturing corporation, the Fabri-Q Co. (Fabri-Q). He is the sole shareholder. He does not keep records of any dividends and very little records of the corporation's accounts. Ten months after the formation and incorporation of Fabri-Q, one of Fabri-Q's products injures a user and Fabri-Q is sued. Which of the following ordinarily is a reason for a court to hold Quincy personally liable? O If Quincy is not held liable, creditors would not be fully compensated. O Fabri-Q's headquarters was at the same address as another business that Quincy. O The corporation did not elect any directors. O Quincy decides to use some of the profits from Fabri-Q - paid to him as a dividend - to pay his personal debts. O Quincy served as the CEO and CTO (Chief Technology Officer) of Fabri-Q.