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ASSIGNMENT QUESTION:
"The recognition that a corporation is a separate legal entity in its own right is the foundation of modern corporate law"
Your answer must include a discussion of the following:
- Explain the Salomon v A Salomon And Co Ltd [1897] AC 22 case. How is this case incorporated in the Corporations Act 2001 (Cth)?
- Discuss the legal basis of the statement using a corporate entity as an example
- Explain the future of the legal principle detailed in Salomon's case and whether you think changes are necessary in the current law
Verified Expert
This paper includes the Salomon v A Salomon And Co Ltd [1897] AC 22 case and discussion of how this case incorporated in the Corporations Act 2001 (Cth) and also the legal basis of the statement using a corporate entity as an example and the future of the legal principle detailed in Salomon’s case and whether you think changes are necessary in the current law is also discussed in this paper.
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Word limit: 1500 Format: Essay or report You need to support your answers with appropriate Harvard style references where necessary. Only include information in your appendixes that has been directly referred to in the body of your document. Include a title/cover page containing the subject title and code and the name, student id numbers.
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