Describe and discuss the different types and classifications of companies based on their liability. What type of company structure would you adopt in the following situations:

1.Having successfully run a local coffee shop for years, you now wish to expand

2. your business and have two additional coffee shops in two new locations;

3. You are a sugar farmer and wish to form an entity to advance the position of all

sugar farmers;

2That is the problem of the "veil" - to what extent can courts look behind legal structures...in determining the disputes before them? The topic of piercing the veil has been described as an "unprincipled"...area of the law' (Hon Chief Justice M Warren AC 'Corporate Structure, the Veil and the Role of the Courts' (2016) 40 MULR 657 at 659.) Critically discuss this quotation, paying particular attention to, eg, the James Hardie dispute. Do you agree? Analyse the situations under which the courts have pierced the veil and situations under which they have refused to do so. What are the themes?