Business Studies, asked by psaha6062, 8 months ago

"Company has a separate legal entity "- justify this statement mentioning the significance of famous case of
Solomon v Salomon & Co Ltd [1896]
Answer for 10 marks explain in every details for 4 page​

Answers

Answered by jawadmaths
0

Answer:

ok

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Answered by aashvikatyal99
1
Yes company has as separate legal entity
. It is created by law and is distinct from its members i.e separate from that of its members . for any debts, the creditors can sue the Company but the members cannot. A Company can own, enjoy, and dispose of a property in its own name.
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