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'A shareholder of a company can enter into a contract with the company' was held in the case of

Salomon v. Salomon & Co. established that a company is a legal person distinct from its shareholders, so a shareholder may validly enter into a contract with the very…

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'A shareholder of a company can enter into a contract with the company' was held in the case of

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Salomon v. Salomon & Co. established that a company is a legal person distinct from its shareholders, so a shareholder may validly enter into a contract with the very company he controls.

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