Salomon Samenvattingen, Notities en Examens

3. LIFTING THE VEIL OF INCORPORATION A. SALOMON V SALOMON & CO The effect of the House of Lords' unanimous ruling was to uphold firmly the doctrine of corporate personality, as set out in the Companies Act 1862, so that creditors of an insolvent company could not sue the company's shareholders to pay up outstanding debts. Significance In the decades since Salomon's case, various exceptional circumstances have been delineated, both by legislatures and the judiciary, in England and elsew...

FBE2604 Revision notes. 100% TRUSTED Answers, guidelines, workings and references.Study unit 1: Legal personality and lifting of the veil Once a company is incorporated and a certificate of incorporation is issued, it is a separate legal entity distinct from its members. It can enter into contracts in its own name and sue and be sued. Its members are not liable for its debts and enjoy limited liability. Separate legal personality: Salomon v Salomon & Co Ltd: • The estate of the company ...

law of one price correct answers two assets that always have the same payoffs have the same price price yield relationship economic rationale correct answers buy bond at going rate - coupon = yield. If yields go up, coupon rate now below the going rate, you will have to sell the bond at a discount so that yield equals market yield. If yields go down, coupon rate now above going rate, can sell at premium so that yield equals market yield. duration correct answers measure of risk, not weight...

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case that cast principle of separate corporate personality in STONE - ANSWER Salomon: applies as between a company and its shareholders who are personal individuals, AND as between a subsidiary and its parent company Corporate Veil - ANSWER a concept which describes the artificial screen that separates the company from its members. It is founded on the separate legal personality which the law gives to companies

Wu/Salomon (2016) Does imitation reduce the liability of foreignness? Linking distance, isomorphism, and performance Hu (1995) The International Transferability of the Firm's Advantages Zhong (2019) Does politician turnover affect foreign subsidiary performance? Evidence in China Johanson/Vahlne (1990) The mechanisms of internationalization Lee (2018) Cross-border mergers and acquisitions amid political uncertainty- A bargaining perspective Hoffman/Shaper (2001) Acquire or Ally? -...

MRL2601: Legal personality and lifting of the veil Study unit 1: Legal personality and lifting of the veil Once a company is incorporated and a certificate of incorporation is issued, it is a separate legal entity distinct from its members. It can enter into contracts in its own name and sue and be sued. Its members are not liable for its debts and enjoy limited liability. Separate legal personality: Salomon v Salomon & Co Ltd: • The estate of the company is assesse...

This is a question on Separate Legal Personality in which I attained an A for my exams. Hope this will help you in structuring your answer.

LAW OF CONTRACT NOTES: Contract as an agreement intended to create enforceable obligations A contract is an agreement between two or more parties. The extra ingredient that distinguishes contracts from non-binding agreements is a serious intention to create legally enforceable obligations (animus contrahendi). The absence of an animus contrahendi explains why ‘gentlemen’s agreements’ are not enforceable as contracts. Legally binding agreements that are not contracts: The ...

MRL 2601- ENTREPRENEURIAL LAW LEARNING UNIT 1+QUESTIONS AND+ACTIVITIES +ANSWERS COMBINED 100% PASS GUARANTEED. Learning unit 1: Legal personality and lifting of the veil • When does a company acquire legal personality? Once a company is incorporated and a certificate of incorporation is issued, • With reference to case law explain the meaning and effects of separate legal personality Salomon v Salomon & Co Ltd: • The estate of the company is assessed apart from the estates of ind...