L. A. No. 24232
47 Cal. 2d 792; 306 P.2d 1; 1957
In determining whether the buyers could escape personal liability for debts due to the seller, the trial court was entitled to consider the failure to issue any stock and the buyers' creation and operation of the business with little or no capital.
Carter, Jesse W., "Automotriz del Golfo de California S. A. de C. V. v. Resnick [DISSENT]" (1957). Jesse Carter Opinions. Paper 112.