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- This topic has 3 replies, 2 voices, and was last updated 12 years ago by MikeLittle.
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- November 5, 2012 at 7:12 pm #55050
In this lecture , there is mention of f4 cases solomon vs solomon
and adam vs cape industries.Could you give me brief description of those cases so that i could review them.November 6, 2012 at 5:28 pm #106597Dear Miss A – both cases illustrate the fundamental principle that a company is separate and distinct from those who control its affairs ( the directors ) and those who are beneficially interested in the success or failure of the company ( the members / shareholders )
If you need more, may I suggest you use Google? Or watch the first videoed lecture on this site concerning company law
November 7, 2012 at 8:50 pm #106598ok..i remember that its main context was that company is a separate entity from its owner.Anything belonging to solomon’s company didn’t belong to solomon,even though he was its owner.
November 8, 2012 at 10:11 pm #106599yes
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