Discuss the legal basis of the statement

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Reference no: EM131933469

LAW202 - CORPORATIONS LAW

ASSIGNMENT QUESTION:

"Companies are said to be an artificial legal person."

Your answer must include a discussion of the following:

• Discuss the legal basis of the statement

• Explain the Salomon v A Salomon And Co Ltd [1897] AC 22 case. How is this case incorporated in the Corporations Act 2001 (Cth)?

• The future of company law (e.g. do think this view will change?)

• Whether you think changes are necessary in the current law

Word limit: 1500

Format: Essay or report

Reference no: EM131933469

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