In which of the following cases the court "pierced the veil" of the corporate personality?
In the "Daimler Co. Case" (Daimler Co. Ltd. v. Continental Tyre and Rubber Co., 1916) the House of Lords looked behind the company to the enemy character of those…
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In which of the following cases the court "pierced the veil" of the corporate personality?
Answer and explanation
Correct answer A
In the "Daimler Co. Case" (Daimler Co. Ltd. v. Continental Tyre and Rubber Co., 1916) the House of Lords looked behind the company to the enemy character of those controlling it, lifting the corporate veil, whereas "Salomon Vs. Salomon", the "People Pleasure Park case" and "Macaura v. Northern Assurance Co." each upheld the company's separate personality.
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