Tabl2741 topic 3 - Study guides, Class notes & Summaries
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TABL2741 Topic 3: Legal Nature of a Company and the Corporate Veil| Questions AND 100% Correct Verified Answers
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case that cast principle of separate corporate personality in STONE - ANSWER
Salomon: applies as between a company and its shareholders who are personal
individuals, AND as between a subsidiary and its parent company
Corporate Veil - ANSWER a concept which describes the artificial screen that separates
the company from its members. It is founded on the separate legal personality which the
law gives to companies
Exam (elaborations)
TABL2741 Topic 3: Legal Nature of a Company and the Corporate Veil| Questions AND 100% Correct Verified Answers
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case that cast principle of separate corporate personality in STONE - ANSWER Salomon: applies as between a company and its shareholders who are personal individuals, AND as between a subsidiary and its parent company Corporate Veil - ANSWER a concept which describes the artificial screen that separates the company from its members. It is founded on the separate legal personality which the law gives to companies
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