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Distinguishing features between a company

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Reference no: EM132532994

a. Outline four (4) distinguishing features between a company limited by shares and a partnership.

b. Discuss the basic principles that the following cases establish:

(i) Macaura v Northern Assurance Co. Ltd [1925] AC 619

(ii) Luguterah v Northern Engineering Co. Ltd [1972] 1 GLR 153

Reference no: EM132532994

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