You have new items in your feed. Click to view.
Question and answer
A company is a legal person distinct from its members taken individually or collectively
A company is a separate legal entity as distinct from its members, therefore it is separate at law from its shareholders , directors , [ promoters etc and as such is conferred with rights and is subject to certain duties and obligations. These central principles of company law were first laid down in very clear terms by the House of Lords in the case Salomon v Salomon & Company Ltd [1897] AC 2
. The ruling outlined in part in the quoted text of the assignment from Lord Macnaghten’s ruling has several important consequences, not least that where the liability of the members is limited, they cannot, only in exceptional circumstances be held liable for the companies debts. ]
Expert answered|zpaasoyd|Points 10|
Question
Asked 10/15/2013 5:21:48 AM
0 Answers/Comments
Get an answer
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
25,936,223 questions answered
Popular Conversations
If five times a number plus two is 17, what is the number?
Weegy: 3 because 5 times 3 is 15 + 2 is 17. User: Simplify this expression: 19 – (–8) – (–14) = ? User: Simplify ...
8/24/2016 8:52:47 AM| 3 Answers
Which of the following economic systems theoretically has the most ...
Weegy: Capitalist has the most limited government interference. User: Complete this list of the factors of ...
8/24/2016 6:43:12 AM| 2 Answers
The Law of Multiple Proportions states that _____.
Weegy: If two elements form more than one compound between them, then the ratios of the masses of the second element ...
8/24/2016 1:39:50 PM| 2 Answers
advocate
Weegy: Noun: A person who publicly supports or recommends a particular cause or policy. Verb: Publicly recommend or ...
8/24/2016 4:10:20 PM| 2 Answers
What is the square root of 121/49
8/24/2016 8:18:41 PM| 2 Answers
Which one of the following words is a singular verb? A. WALK B. ...
Weegy: The following words is a singular verb is sees.
8/24/2016 11:31:58 PM| 2 Answers
Weegy Stuff
S
Points 628 [Total 699] Ratings 4 Comments 588 Invitations 0 Offline
S
1
L
Points 506 [Total 1340] Ratings 2 Comments 486 Invitations 0 Offline
S
L
P
P
P
P
Points 419 [Total 3674] Ratings 0 Comments 419 Invitations 0 Offline
S
Points 106 [Total 106] Ratings 0 Comments 106 Invitations 0 Offline
S
L
P
P
P
Points 46 [Total 3862] Ratings 0 Comments 46 Invitations 0 Offline
S
Points 40 [Total 45] Ratings 0 Comments 0 Invitations 4 Offline
S
Points 27 [Total 254] Ratings 0 Comments 27 Invitations 0 Offline
S
Points 15 [Total 15] Ratings 0 Comments 5 Invitations 1 Offline
S
L
C
Points 11 [Total 4491] Ratings 1 Comments 1 Invitations 0 Offline
S
Points 10 [Total 10] Ratings 1 Comments 0 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.