In which one of the following cases was the distinct legal personality of an incorporated company (the…
In "Salomon v. Salomon and Co. Ltd." (1897) the House of Lords held that a duly incorporated company is a legal person distinct from its members, establishing the veil of…
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In which one of the following cases was the distinct legal personality of an incorporated company (the veil of incorporation) established?
Answer and explanation
Correct answer A
In "Salomon v. Salomon and Co. Ltd." (1897) the House of Lords held that a duly incorporated company is a legal person distinct from its members, establishing the veil of incorporation.
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