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    Question

    Salomon v. Salomon & Co. established which core

    principle? 
    A Ultra vires doctrine Correct Answer Incorrect Answer
    B Lifting of corporate veil Correct Answer Incorrect Answer
    C Separate legal personality Correct Answer Incorrect Answer
    D Constructive notice Correct Answer Incorrect Answer
    E Indoor management Correct Answer Incorrect Answer

    Solution

    Salomon established that a company has a separate legal identity distinct from its members.

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