Corporate Personality
7 practice questionsBusiness LawStep-by-step solutions
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1
In a corporation, the shareholders typically elect the:
A.Board of directors
B.Government
C.Auditors of other firms
D.Customers
2
Corporate personality means a company is treated as what?
A.A separate legal person from its owners
B.A physical human being
C.A temporary invoice
D.A government ministry
3
The principle that a company is a legal person separate from its shareholders was established in:
A.Donoghue v Stevenson
B.Salomon v Salomon & Co
C.Carlill v Carbolic Smoke Ball Co
D.Hadley v Baxendale
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