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a.Outline four (4) distinguishing features between a company limited by shares and a partnership. b.Discuss the basic principles that the following cases establish: (i) Macaura

a.Outline four (4) distinguishing features between a company limited by shares and a partnership.

b.Discuss the basic principles that the following cases establish:

(i)Macaura v Northern Assurance Co. Ltd [1925] AC 619

(ii)Luguterah v Northern Engineering Co. Ltd [1972] 1 GLR 153

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