Traditional view with modern outlook

Assignment Help Business Law and Ethics

Reference no: EM13824842

Problem:

The capital of a company must be preserved - this has been the traditional view of company law. In modern times this rule has been modified. Explain this historical rule and how it has been modified.

Information Regarding Question

Question belongs to Law as well as it explains about the capital of company being preserved. As a traditional view, it has been modified now. The solution explains the modified version of this view.

Total Word Limit: 238 Words

Reference no: EM13824842

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