Question
Which of the following cases best explains the concept of separate legal entity? a) Salomon v Salomon b)Gohlke Schneider v Westies moinerals (pty) ltd c)Ex
Which of the following cases best explains the concept of separate legal entity?
a) Salomon v Salomon
b)Gohlke Schneider v Westies moinerals (pty) ltd
c)Ex parte Barron
d)Idc v Cooley
Piercing the corporate veil does not mean?
a) lifting the veil
b) Identifying negliegent directors
c)Seeing inside company, to know who made the mistake
d)Making a complain about the company's mistakes
Which of the following is not a feature of a close company?
a) it requires legal personality upon incorporation
b)it enjoys perpetual succession
c)should the membership of close company change, and amended founding statement must be lodged for registration.
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