Question
In relation to corporate capacity, which of the following statements are CORRECT? (a) Companies are separate legal persons in the eyes of the law (b)
In relation to corporate capacity, which of the following statements are CORRECT?
(a) Companies are separate legal persons in the eyes of the law
(b) Limited liability will protect directors/ shareholders at all times
(c) Companies enjoy corporate capacity because of Corporations Act s 124
(d) A company's constitution creates a legally binding contract between the company's shareholders and employees of the company
(a) Companies are separate legal persons in the eyes of the law
(b) Limited liability will protect directors/ shareholders at all times
(c) Companies enjoy corporate capacity because of Corporations Act s 124
(d) A company's constitution creates a legally binding contract between the company's shareholders and employees of the company
Select one:
Only (a) + (b) + (c) are correct
None of the statements are correct
Only (a) + (c) + (d) are correct
All options are correct
Only (a) and (c) are correct
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Constitutional Law Cases Materials And Problems
Authors: Russell L. Weaver, Steven I. Friedland, Richard D. Rosen
5th Edition
1543830447, 978-1543830446
