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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
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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
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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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