Steven Snepp contracted with Castlerock Building Inc., which was owned b Scott Boser, to remodel...
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Accounting
Steven Snepp contracted with Castlerock Building Inc., which was owned b Scott Boser, to remodel a house. Boxer estimated the cost at $500,000. Eventually, however, Snepp paid boxes more than $1.3 million. Snepp sought to be reimbursed but Boxer could not provide an accounting for the project.Specifically, he could not explain double and triple charges, nor whether the amount Snepp paid had actually been spent on the house. Meanwhile, Boxer had commingled personal and corporate funds. As for Castlerock, it has issued no shares of stock, and the minutes of the corporate meetings "all looked the same." Snepp sues Castlerock and Boxer. As the Court reviewing these facts, would you hold Boxer personally liable? Why or Why not? Be sure to use the learned legal principals to explain your answers.
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