THE LAW OF BUSINESS ORGANIZATIONS CHAPTER 4 – Piercing the Corporate Veil Minne B Berkey v Third Avenue Railway Company Overview: This is a New York Court of Appeals decision in 1926 adjudicated by the legendary Justice Cardozo. In this seminal case on ‘piercing the corporate veil’‚ the Court of Appeals finds in favor of the Defendant‚ Third Avenue Railway Company. The Court holds that Third Avenue‚ the parent company of Forty-second Street Company‚ which operated a rail line upon which the
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Sufism: God is all around us Sufism is defined by its adherents as the inner‚ mystical dimension of Islam that seeks divine love and knowledge through direct personal experience of God. It consists of a variety of mystical paths that are designed to ascertain the nature of mankind and God and to facilitate the experience of divine love and wisdom in the world. Sufism arose as an organized movement after the death of Muhammad (AD 632)‚ among different groups who found orthodox Islam to be spiritually
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and only her passionate eyes are being exposed. This gives the viewer a metaphorical depiction of how Muslim women in the Middle East dress: the headscarf covers the entire woman’s head and forehead all the way down to her waist and a piece of black veil or the niqab‚ concealing a woman’s nose and mouth‚ exposing only her eyes. What and how then is the idea of freedom for women being depicted in this context? The subject is seen having her fingers covering her mouth. This directly represents her inability
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The partnership act 1890 governs the relationship of the persons and the outside world. And in respect of dissolution; if there is no partnership agreement‚ the partnership act set out the rights and duties of the partners. Such rights and duties (by act or agreement) may be varies by the consent of all partners. (S 19). ‘The relation which subsists between persons carrying on a business in common with a view to profit.’ Under S24 (5) ‘in common’ means every partner has a say in the firm. The members
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The main issue in the question� entails a discussion relates to corporate entity or personality. As noted a key feature of the company is that is a legal person with a separate existence from the company ’s members� or its directors. It is an artificial person in the eye of law that exist independently and separate from any other entity associated with the company. As a consequences a company can enter into contracts with its own shareholders� and own property in its own right. Beside that‚ a company
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explicating this poem becomes a quest into the months that preceded her taking her own life on February 11th 1963. A symbol used in the poem “A Birthday Present” is the veil: The veil and what it may conceal is a theme that permeates the poem in multiple forms. In line 1 when the speaker says‚ “What is this‚ behind this veil‚ is it ugly‚ is it beautiful?” The speaker continues in the successive lines to question not only what it is but for whom it is for. In line 16‚ “Now there are
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I have chosen in "The Devil and Tom Walker" by Washington Irving‚ and "The Fall of the House of Usher" by Edgar Allen Poe. In "The Minister’s Black Veil" by Nathaniel Hawthorne the example I chose was how the author used the veil to hide something on Mr. Hooper. The veil is a personal symbol that symbolically is hiding his private sins. The veil symbolizes his shame and
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The Yellow Wallpaper‚ Gilman uses the wallpaper to symbolize the constraints of domestic life placed upon women and seeks to explain how these constraints are detrimental to women’s health; and in contrast‚ Du Bois’ The Souls of Black Folk‚ uses a veil to explain the wall that separates African American’s racial identity from that of their White counterparts‚ and how Blacks’ are forced to live with a double conscious of being an American and a
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would definitely enjoy it because of its writing style. It gives us insight from the other side of “the veil”‚ from an extraordinary man that has lived his life on the side of the black folk‚ and has faced obstacles that ordinary black men were facing during this particular time in history. Forethought gives us an introduction and tells us how to read the book‚ introduces the notion of the “veil”. First and second chapter talk about it in much more depth. Even though this is a book of essays‚ you
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Chapter 2 (Topic 2): Registration and its effects Characteristics of a company -Companies are artificial entities with rights and liabilities separate from their shareholders or members -s119: company comes into existence as a body corporate at the beginning of the day on which it is registered with the name specified in its certificate of registration -This legal entity is separate from its members so assets of the company are not the assets of its members and contracts entered into
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