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1. From the case of Salomon v Salomon & Co. Ltd, state the following:- (a)The legal issue. (b)The legal principle. (c)The fact of the case
1. From the case of Salomon v Salomon \& Co. Ltd, state the following:- (a)The legal issue. (b)The legal principle. (c)The fact of the case and its decision. 2. What is the governing Act over the companies in Malaysia? 3. Who are the officers of the company? 4. Who are the members of the company? 5. Would the members would be held liable for the debt incurred by the company? 6. Explain 3 exceptions to the general principle that the company is a person separate from its members and officers of the company? ( 3 situation that the court will lift up the corporate veil/how the members can be held liable)? 7. What is the difference between public company and private company? 8. Describe the following:- (a) company limited by guarantee; (b)company limited by shares 9. What is the company's constitution? 10. Whether the company's constitution binds:- (a) The members of the company; (b) The officers of the company; (c) The outsider
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