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problem 1:

Discuss and illustrate out the principle of law set out in Salomon v Salomon & Co. Ltd [1897] AC 22.  In which circumstances will the judiciary or statutory provisions not take in account of that principle? Demonstrate your answer with decided cases.

problem 2:

Illustrate out the differentiation between liquidation and receivership.

problem 3:

Describe and discuss the duties which are owed by directors to a company and shareholders in general?

problem 4:

What do you mean by the term pre-incorporation contract?

problem 5:

Discuss and illustrate out the duties owed by a promoter in formation of a company.

Business Law & Ethics, Finance

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