(Solved): When a court "pierces the corporate veil," what happens? The court holds the corporate entity liabl ...

When a court "pierces the corporate veil," what happens? The court holds the corporate entity liable for a shareholder's misdeeds. The court rewrites the bylaws of the corporation to clarify an ambiguous procedure. The court requires the board of directors to terminate all personnel involved in the corporate wrongdoing that led to the litigation. The court disregards the corporate entity and exposes the shareholders to personal liability.