ANALYSIS The principle of Separate Legal Entity has stood the test of time because it aims at giving the company a certain practical utility. The separate personality of a company as distinct from its shareholders and this was established by the House of Lords in Salomon v Salomon & Co [1897]. This led to the veil of incorporation; that a registered company is a legal person separate from its members . By separating the management from the investment‚ a company enables the investing public to have
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the objective of upholding a safe and healthy work setting. The state of Maryland is not dissimilar. This document is envisioned to deliver the process of civil complaints within the state of Maryland; with how criminal liability is regulated and the procedure’s in which the liability is executed. Every process is distinctive to its specific class. The civil complaint process is first; according to the American Heritage dictionary which describes civil complaint as the presentation by the complainant
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LEGAL MEMORANDUM To: John Doe‚ Esquire‚ Senior Partner From: Jennifer Ramos‚ Paralegal Date: July 23‚ 2014 Re: Anheuser Busch Companies‚ Inc.- Affirmative Defense Case No.: 210204 In regards to our case no. 210204 Justin King v. Anheuser Busch Companies‚ Inc. I find Contributory Negligence to be the appropriate Affirmative Defensive action. Mr. King exacerbated his injury when he took it upon himself to loosen the wires‚ to his own admittance. Justin King was also
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CadMex Pharmaceutical Memorandum To: Mr. Jack Brandt‚ CEO; Kera Sawyer‚ International Legal Counsel From: Dan‚ Vice President of International Business Development Date: March 9‚ 20XX Subject: Current Gentura Status I would like to take this opportunity to bring everyone up to date on the status of our relationship with Gentura. We have been working in partnership with Gentura a biotechnology company based in Candore since 2007. Candore‚ a small developing island country in South East Asia‚
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Legal Section The business will operate as a partnership because the number of people setting up the business will not exceed the permitted twenty. When operating as a partnership it is the partners’ responsibility to inform the general public as to who the partners (joint proprietors) are within the business unit. The main advantage that applies to ILM Trading is that a partnership ensures that there is greater scope for raising finance. Another advantage that arises out of a partnership as
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Legal 2 Test 2 Studyguide Sole Proprietorships the simplest form of business organization. Sole proprietorships are the most common form of business organization in the US. Major advantages: * Forming a sole proprietorship is easy and does not cost a lot. * The owner has the right to make all management decisions concerning the business‚ including those involving hiring and firing employees. * The sole proprietor owns all of the business and has the right to receive all of the
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Question 1 Mary v Peter Issue Given that Mary was injured by Peters’ act‚ is he solely liable for the accident? Law * In this case‚ we have to look at the Civil Liability Act 2002 (NSW) to determine who was negligent and in specific‚ we use s 5B(1)‚ s 5B(2) and s 5R of the Civil Liability Act 2002 (NSW); s 5B(1) for the reasonable foreseeability test‚ s 5B(2) for determining if the standard of reasonable care has been breached and s 5R for contributory negligence. * Where both the
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THE MOST DISTINGUISHED CHARACTERISTIC OF THE COMPANY AS A FORM OF BUSINESS IS THAT IT IS A LEGAL ENTITY.EXPLAIN WHAT IT MEANS. A company is considered a legal entity( artificial person created by the law).The law treats a company as being a separate person from its members and those who manage it.(The modern law review vol 31-pg 481) The following are characteristics which makes a company a legal being: a) Has a right to own properties. A company owns its own properties. Directors and shareholders
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COBRA is to provide a platform for the dissemination of original research and new developments within the specific disciplines‚ sub-disciplines or field of study of: Management of the construction process Cost and value management Building technology Legal aspects of construction and procurement Public private partnerships Health and safety Procurement Risk management Project management The built asset Property investment theory and practice Indirect property investment Property market forecasting Property
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Pre-paid Legal Services’ Business Prepaid creates value by providing legal expense insurance allowing customers to reduce their legal liability in civil or criminal actions. Their bestselling Family Plan that provides reimbursement for legal expenses incurred by customers and their spouses and discounted rates for legal services over those provided in contract. Furthermore‚ they allow their own customers to earn their own income by MLM programme where they receive commission for selling Prepaid’s
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