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ITS A CORPORATION LAW QUESTION. ANSWER IT IN 500 WORDS. Under both the common law and the Corporations Act 2001 (Cth) , what are the

ITS A CORPORATION LAW QUESTION. ANSWER IT IN 500 WORDS.

Under both the common law and the Corporations Act 2001 (Cth), what are the main consequences or effects that flow from a company being considered a distinct legal entity, with a distinct legal personality, and which is totally separate from its owners and shareholders?

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