Analysis Salomon v. Salomon & Co. 1897 Human Beings are generally legal person but humanity is a state of nature and legal personality is an artificial construct‚ which may or may not be conferred. The origin of corporation lies in a logical extension of this separation of humanity from legal personality as the group of humans who are engaged in a common activity could attempt to simplify their joint activity by gaining legal personality from the venture. Introduction: Solomon was leather Merchant
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Legal Structure of Business Organisations Sole Traders General Partnerships Limited Patnerships Limited Liability Partnerships Companies Key Legislation General Law of Contract Partnership Act 1980 Limited Partnerships Act 1907 Limited Liabity Partnerships Act 2000 Companies Act 2006 Liability Unlimited Liability Each Partner jointly and severally liable Limiteed Liabiliy for limited partners and unlimted liability for general partner Limited to the amount tas they have agreed Depending
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Legal Forms of Business Paper Law/531 June 3rd‚ 2011 University of Phoenix Legal Forms of Business Paper Selecting the best form of operating a business depends on the type of business the owner wants to run. The owners have to pick the structure that best meets their needs. “The selection depends on many factors‚ including the ease and cost of formation‚ the capital requirements of the business‚ the flexibility of management decisions‚ government restrictions‚ personal liability‚ tax
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Legal Publishing and Database Protection by TABLE OF CONTENTS Introduction 2 Litigation and Consolidation 3 I. A Brief History 3 II. The First Big Challenge: Mead Data Central v. West Publishing Co. 4 III. The Tide Turns: Feist and Industry Consolidation 4 IV. Thomson Buys Legal Publishers‚ Prompts Antitrust Investigation 6 V. Industry Litigation Spreads: The Bender‚ Hyperlaw and Oasis Cases 7 VI. The Industry after Bender: Legal Publishers
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Legal Writing Arisleyda Bonetti Kaplan University CM107 Legal Writing Perfecting legal writing will help create a better understanding of the law and to become a good lawyer. A good lawyer is considered one that can win a case without working as hard as their counterpart in the courtroom. Legal writing is found to be the best way a person presenting a case accomplishes a resolution in the writers favor. The legal writing process has some basic principles that a person has to fallow. The person
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CHAPTER I Introduction Providing assistance to people to access the justice system is one of the key functions of every welfare state. It is very essential to the State to provide legal assistance to the people who are otherwise unable to access the court and law. The very basic reason behind the incorporation and establishing of this idea is that no one would have been denied justice due to his poverty or economical backwardness. India attained the independence and became a republic by adopting
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Unit 5.5: The Separate Entity Doctrine “It is a basic doctrine of company law: that for certain purposes a company is a legal entity separate from the legal persons who became associated for its formation or who are now its members and directors. For certain purposes‚ there is a corporate screen around the members and directors. This is often referred as to the ‘Veil of Incorporation.’ The authority for that proposition is the leading case of Salomon v Salomon & Co Ltd [1897] AC 22. The
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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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Sources of Long-term Finance 19.1 Introduction As you are aware finance is the life blood of business. It is of vital significance for modern business which requires huge capital. Funds required for a business may be classified as long term and short term. You have learnt about short term finance in the previous lesson. Finance is required for a long period also. It is required for purchasing fixed assets like land and building‚ machinery etc. Even a portion of working capital‚ which is required
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DRAFT for introducing Clinical Legal Education Programme in NLU Jodhpur By: Ajay Singh Brief description of the programme/project/Initiative : Clinical Legal Education needs to be aimed at bridging the disconnect between the Constitutional promise of a dignified life to every citizen and the reality of undignified human existence of majority of the population‚ especially in rural India. The clinical programmes would work to secure the objectives of good governance and citizen participation‚
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