Problem regarding the theory of corporate personality

Assignment Help Financial Management

Reference no: EM13969639

1. The court will not allow the theory of corporate personality to be used as a means of fraud or sharp practice - the judge has the power to 'draw aside the corporate veil'.

Explain what happens when the court does draw aside the veil and describe a situation in which the court has exercised its power.

2. A and B are partners in an ordinary partnership. The firm is insolvent. Joe, a creditor, has successfully sued A for a debt of £2,000. What rights, if any, has A against B?

3. A, B, C and D wish to form a partnership in which all of them will be limited partners. Advise them.

4. What is the maximum number of employees allowed to a company which wishes to qualify as a 'small' company?

Reference no: EM13969639

Questions Cloud

New poll with regard to the future of the canadian senate : In a new poll with regard to the future of the Canadian Senate, 70% of the respondents indicated that they would like to have a vote with respect tot he upper chamber's future. Furthermore, 50% of the respondents said they would like to see the Senat..

Devise a divide-and-conquer algorithm : Devise a divide-and-conquer algorithm that determines whether the two candidates who received the most votes each received at least n/2 votes and, if so, determine who these two candidates are.

Suppose we have a video monitor with a display area that : Suppose we have a video monitor with a display area that measures 12 inches across and 9.6 inches high if the resolutions in 1280 by 1024 and the aspect ratio is 1, what is the diameter of each screen point?

The future of the canadian senate : In a new poll with regard to the future of the Canadian Senate, 70% of the respondents indicated that they would like to have a vote with respect to the upper chamber's future. Furthermore, 50% of the respondents said that they would like to see the ..

Problem regarding the theory of corporate personality : The court will not allow the theory of corporate personality to be used as a means of fraud or sharp practice - the judge has the power to 'draw aside the corporate veil'.

What is contribution margin per unit for each chocolate bar : What is the contribution margin per unit for each chocolate bar produced given the fact pattern above? What is the Swiss Chocolate's U.S. division breakeven point in units and dollars given the fact pattern above?

What is the cost of the room in dollars : Kenya is reserving a room in a hotel in France where they use euros (€). The room charge is €75. Suppose the conversion rate is €1 = $1.298. What is the cost of the room in dollars?

National income would no longer equal gdp : If a firm sold $700 worth of goods which cost $1,000 to produce: A. national income would no longer equal GDP. B. the firm's loss needs to be subtracted from final sales so that income and output are still equal.

Consider two raster systems with resolution of 640 by 480 : Consider two raster systems with resolution of 640 by 480 and 1280 by 1024 how many pixels would be accessed per second in each of these systems by a display controller that refreshes the screen at a rate of 60 frames per second? what is the access t..

User Account

All Pages