DB Unit Outline - BLW21 La Assessment 2- Multi X 15 Mail-Rahman Nawx ONIS @ https://www.chegg.com/homework-help/questions and answers/landmark-case-salomon salomon-1d-1897-nc 22hlbiodic Chegg Home Study tools My courses My books V Career Life Question: Landmark Case: Salomon Salomon Ltd, (1897) AC 22 (HL) The Landmark Case: Salomon v Salomon Ltd, [1897) AC 22 (HL) a book The historical context: When Salomon was decided, the corporation-or company, as it is called in England - was just coming into wider usage. At the time, it was unclear whether or not small companies (companies with very few shareholders) would be recognized as a separate legal entity. This was an issue because the British government in introducing the Companies Act (legislation that granted limited liability to companies), apparently did not intend for it to be used as a way for sole proprietors or partnerships to shelter personal assets by simply incorporating. Rather, it was seen as a mechanism exclusively for the benefit of larger business organizations. However, there was nothing in the legislation restricting its operation to the more sizeable enterprise. (Source: Paddy Ireland, "The triumph of the company legal form, 1856-1914" in John Adams, ed, Essays for Clive Schmitthoff (Abindgdon: Professional Books Limited, 1983) 29 and Jacob Zeigel et al, Cases and Materials on Partnerships and Canadian Business Corporations, 3rd ed (Scarborough: Carswell, 1994) at 122.) inguriness for many years as DB Unit Outline - BLW21 La Assessment 2- Multi X 15 Mail-Rahman Nawx ONIS @ https://www.chegg.com/homework-help/questions and answers/landmark-case-salomon salomon-1d-1897-nc 22hlbiodic Chegg Home Study tools My courses My books V Career Life Question: Landmark Case: Salomon Salomon Ltd, (1897) AC 22 (HL) The Landmark Case: Salomon v Salomon Ltd, [1897) AC 22 (HL) a book The historical context: When Salomon was decided, the corporation-or company, as it is called in England - was just coming into wider usage. At the time, it was unclear whether or not small companies (companies with very few shareholders) would be recognized as a separate legal entity. This was an issue because the British government in introducing the Companies Act (legislation that granted limited liability to companies), apparently did not intend for it to be used as a way for sole proprietors or partnerships to shelter personal assets by simply incorporating. Rather, it was seen as a mechanism exclusively for the benefit of larger business organizations. However, there was nothing in the legislation restricting its operation to the more sizeable enterprise. (Source: Paddy Ireland, "The triumph of the company legal form, 1856-1914" in John Adams, ed, Essays for Clive Schmitthoff (Abindgdon: Professional Books Limited, 1983) 29 and Jacob Zeigel et al, Cases and Materials on Partnerships and Canadian Business Corporations, 3rd ed (Scarborough: Carswell, 1994) at 122.) inguriness for many years as