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The famous corporate case Salmon v . Salmon & Co Ltd . stands for the legal principal that: Question 2 4 options: a shareholder owes
The famous corporate case Salmon v Salmon & Co Ltd stands for the legal principal that:
Question options:
a shareholder owes no duty to the corporation
the corporation is a distinct separate legal personality from the shareholders of the corporation
a director is a creditor of the corporation
a shareholder owes no duty to other shareholders
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Accounting Tools For Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
4th Edition
0470534788, 978-0470534786
