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Johnny and Sam are currently partners in a partnership. They have read the case of Salomon v A Salomon & Co Ltd [1896] UKHL 1

Johnny and Sam are currently partners in a partnership. They have read the case of Salomon v A Salomon & Co Ltd [1896] UKHL 1 (hereafter Salomon) with great interest and now think perhaps a company is a better structure for them. Advise them on the significance of Salomon's case as well as on the advantages and disadvantages of a company structure.

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