solution

It’s a business law class

Jim Wesky is the majority shareholder of several closely held corporations, including Lake BlueMoon, Inc. All these businesses were run out of Wesky’s home. Lake BlueMoon Inc. operated the resort called the Lake BlueMoon Resort. Although Wesky claimed the resort was owned by the corporation, the deed for the property listed Wesky as the owner. Wesky paid little attention to corporate formalities, holding corporate meetings at his house, never taking minutes of those meetings, continually paid debts of one corporation with the assets of another and had Lake BlueMoon Inc. pay for the lawn and yard maintanance for his personal home. At the end of the summer, 2 guests at the resort drowned using one of the double kayaks on the premises. The family of the deceased guests sued for damages. Analyze each of the factors that you would use to evaluate if Jim Wesky is personally liable to the family or just the corporation.