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I get trouble to answer this question in Company law. The question is below. Thank you very much.
“The recognition that a corporation is a separate legal entity has carved the modern corporate law. But the shortcoming of such an principle are still problematic”
Your answer must include a discussion of the following:
· Explain the Salomon v A Salomon And Co Ltd [1897] AC 22 case. How is this case embedded in the statue?
· Discuss the legal basis of the statement using a corporate entity as an example
· Explain the future of the legal principle detailed in Salomon’s caseandwhether you think changes are necessary in the current law
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